Net Loss Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Loss per Common Share

Basic and diluted loss per common share was calculated as follows:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
(dollars and shares in millions, except per share amounts)	2024		2023		2024		2023
Net loss	$	(35.2)	$	(66.6)	$	(104.6)	$	(148.5)
Weighted average number of common shares outstanding  - basic and diluted	71.9		53.4		71.7		53.4
Net loss per common share - basic and diluted	$	(0.49)	$	(1.25)	$	(1.46)	$	(2.78)

Schedule of Securities Excluded From Computation of Diluted Net Loss Per Common Share

The Company reported net losses for each of the three and six months ended June 30, 2024 and 2023, and therefore excluded all stock options and RSUs from the calculation of diluted net loss per common share as their inclusion would have had an anti-dilutive effect, as summarized below:

	For the Three and Six Months Ended June 30,
	2024	2023
Stock options	8.3	8.2
RSUs	2.4	1.1
	10.7	9.3