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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
(Dollars and shares in millions, except per share amounts)Three Months Ended
March 31, 2024March 31, 2023
Numerator: 
Net income (loss)$7.8 $(3.5)
Denominator:
Weighted-average shares outstanding - basic18.6 18.6 
Effect of dilutive shares0.1 — 
Weighted-average shares outstanding - diluted18.7 18.6 
Basic earnings (loss) per share$0.42 $(0.19)
Diluted earnings (loss) per share$0.42 $(0.19)