XML 62 R42.htm IDEA: XBRL DOCUMENT v3.23.2
Basic and Diluted Loss Per Common Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Calculation of Basic Loss Per Common Share to Diluted Loss Per Common Share The following table presents a reconciliation of net loss used in the basic and diluted EPS calculations (in millions, except per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
 2023202220232022
Net loss$(11.7)$(13.9)$(19.7)$(28.0)
Net loss attributable to non-controlling interest and redeemable non-controlling interest1.8 1.5 0.8 3.2 
Net loss attributable to INNOVATE Corp.(9.9)(12.4)(18.9)(24.8)
Less: Preferred dividends0.6 1.2 1.8 2.4 
Net loss attributable to common stockholders$(10.5)$(13.6)$(20.7)$(27.2)
Denominator for basic and diluted loss per share:
Weighted average common shares outstanding77.9 77.5 77.8 77.4 
Loss per share - basic and diluted$(0.13)$(0.18)$(0.27)$(0.35)