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Net Income Per Share of Class A and Class B Common Stock (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Three Months Ended March 31,
 
2020
 
2019
(in millions, except per share data)
 
Class A
 
Class B
 
Class A
 
Class B
Net income applicable to common stockholders - basic
 
$
45.0

 
$
1.2

 
$
54.4

 
$
2.0

Reallocation of net income due to conversion of Class B to Class A common shares outstanding
 
0.2

 

 
0.3

 

Conversion of Class B common shares into Class A common shares
 
1.0

 

 
1.7

 

Net income applicable to common stockholders - diluted
 
$
46.2

 
$
1.2

 
$
56.4

 
$
2.0

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding – basic
 
22.7

 
0.6

 
22.3

 
0.8

Conversion of Class B common shares into Class A common shares
 
0.6

 

 
0.8

 

Effect of employee stock purchases and restricted stock units on weighted average common shares
 
0.2

 

 
0.1

 

Weighted average common shares outstanding – diluted
 
23.5

 
0.6

 
23.2

 
0.8

 
 
 
 
 
 
 
 
 
Net income per common share - basic
 
$
1.99

 
$
1.99

 
$
2.43

 
$
2.43

Net income per common share - diluted
 
$
1.97

 
$
1.97

 
$
2.42

 
$
2.42