Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share

Schedule of Earnings per Share Basic and Diluted

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in millions, except per share data)	2023		2022		2023		2022
Earnings:
Net income (loss) from continuing operations	$	(349.0)	$	37.1	$	(397.9)	$	54.2
Net income from discontinued operations		—		0.3		—		—
Net income (loss)	$	(349.0)	$	37.4	$	(397.9)	$	54.2
Shares:
Weighted average ordinary shares outstanding		35.2		36.3		35.1		36.8
Dilutive effect of RSUs, option awards, and PSUs(1)		—		0.7		—		0.8
Diluted weighted average ordinary shares outstanding		35.2		37.0		35.1		37.6
Income (loss) per share:
Income (loss) per share—basic:
Continuing operations	$	(9.93)	$	1.02	$	(11.34)	$	1.47
Discontinued operations		—		0.01		—		—
Income (loss) per share—basic	$	(9.93)	$	1.03	$	(11.34)	$	1.47
Income (loss) per share—diluted:
Continuing operations	$	(9.93)	$	1.00	$	(11.34)	$	1.44
Discontinued operations		—		0.01		—		—
Income (loss) per share—diluted	$	(9.93)	$	1.01	$	(11.34)	$	1.44

(1) Refer to Note 15 for discussion of RSUs, option awards, and PSUs granted to certain Company directors and employees. As the Company recorded a net loss from continuing operations for the three and six months ended June 30, 2023, potential shares related to equity-based awards have been excluded from the calculation of diluted EPS, as doing so would be anti-dilutive. There were 1.0 million and 0.9 million anti-dilutive shares that have been excluded from the computation of diluted earnings per share for the three and six months ended June 30, 2022, respectively.