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Quarterly Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited) Quarterly Financial Information (Unaudited)
On January 1, 2021, the Company elected to early adopt new accounting guidance ASU 2020-06 which simplifies the accounting for convertible debt instruments. The Company elected the full retrospective method of adoption; that is, the accounting change was recognized as an adjustment to the balance of retained earnings, additional paid-in capital, long-term debt and deferred income taxes in our consolidated balance sheet as of December 31, 2020, the year in which the 2025 Notes were issued. Our 2025 Notes are now reported as a single liability instrument net of transaction costs with an interest rate closer to the coupon interest rate. The amounts below in the comparative quarterly financial information of the prior year have been adjusted to apply the new method retrospectively. See Note 11 for more information.
(in Millions, Except Per Share Data)20212020
1Q2Q3Q4Q1Q2Q3Q4Q
Revenue$91.7 $102.2 $103.6 $122.9 $68.5 $64.9 $72.6 $82.2 
Gross margin$13.3 $20.4 $18.3 $36.4 $14.6 $10.2 $2.8 $9.2 
Income/(loss) from operations before loss on debt extinguishment, equity in net loss of unconsolidated affiliates, and interest expense, net$1.7 $5.4 $3.8 $18.8 $(2.1)$(1.9)$(13.2)$(3.9)
Interest expense, net$0.3 $— $— $— $— $— $0.3 $— 
Income tax expense/(benefit)$0.9 $(2.5)$15.4 $9.5 $(0.3)$(2.0)$(3.1)$(0.3)
Net (loss)/income $(0.8)$6.5 $(12.6)$7.5 $(1.9)$(0.2)$(10.5)$(3.7)
Net loss/(income) per weighted average share - basic (1)
$(0.01)$0.04 $(0.08)$0.05 $(0.01)$— $(0.07)$(0.03)
Net loss/(income) per weighted average share - diluted (1)
$(0.01)$0.03 $(0.08)$0.04 $(0.01)$— $(0.07)$(0.03)
Weighted average common shares outstanding:
Basic146.5 148.7 161.6 161.7 146.1 146.2 146.3 146.3 
Diluted146.5 178.0 161.6 191.6 146.1 146.2 146.3 146.3 
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1.The sum of quarterly earnings per common share may differ from the full-year amount.