XML 36 R7.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Changes in Temporary Equity and Stockholders' Equity - USD ($)
$ in Millions
Total
Series A Senior Preferred Shares
Redeemable non- controlling interest
Preferred Dividends on Series A Senior Preferred Shares
Common stock
Additional paid-In capital
Retained earnings
Retained earnings
Series A Senior Preferred Shares
Retained earnings
Preferred Dividends on Series A Senior Preferred Shares
Accumulated other comprehensive loss
Non- controlling interest
Temporary equity, ending balance (in shares) at Dec. 31, 2022   0                  
Ending balance at Dec. 31, 2022   $ 0.0 $ 0.0                
Balance (in shares) at Dec. 31, 2021         110,618,049            
Balance at Dec. 31, 2021 $ 1,071.1       $ 227.5 $ 59.5 $ 839.6     $ (56.0) $ 0.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) 319.7           319.7        
Other comprehensive (loss) income (29.1)                 (29.1)  
Stock option exercises (in shares)         159,920            
Stock option exercises 5.8       $ 7.2 (1.4)          
Issuance of common stock related to vesting of share units (in shares)         103,394            
Issuance of common stock related to vesting of share units (3.8)       $ 3.0 (6.8)          
Share-based continuing employment costs related to business combinations 7.5       $ 8.6 (1.1)          
Share-based payments expense 34.2         34.2          
Equity-classified share units dividend equivalents 0.0         0.9 (0.9)        
Dividends paid to common stockholders (115.2)                    
Balance (in shares) at Dec. 31, 2022         110,881,363            
Balance at Dec. 31, 2022 $ 1,290.1       $ 246.3 85.3 1,043.2     (85.1) 0.5
Increase (Decrease) in Temporary Equity [Roll Forward]                      
Net income (loss)     (0.5)                
NCI acquired in business combination     8.9                
Issuance of Series A Senior Preferred Shares and common stock, net of issuance costs (in shares)   485,000,000                  
Issuance of Series A Senior Preferred Shares and common stock, net of issuance costs   $ 482.0                  
Temporary equity, ending balance (in shares) at Dec. 31, 2023 485,000,000 485,000,000                  
Ending balance at Dec. 31, 2023   $ 482.0 8.4                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) $ 206.5           206.5        
Other comprehensive (loss) income 41.1                 41.1  
Stock option exercises (in shares)         723,443            
Stock option exercises 34.5       $ 42.9 (8.4)          
Issuance of common stock related to vesting of share units (in shares)         467,747            
Issuance of common stock related to vesting of share units (19.0)       $ 17.4 (36.4)          
Issuance of common stock related to ESPP purchase (in shares)         180,503            
Issuance of common stock related to ESPP 9.2       $ 11.4 (2.2)          
Issuance of common stock related to business combination (in shares)         70,339,723            
Issuance of common stock related to business combination 3,712.9       $ 3,712.9            
Share-based continuing employment costs related to business combinations 3.0       $ 8.3 (5.3)          
Replacement of share-based awards in business combination 13.1         13.1          
Share-based payments expense 40.3         40.3          
Equity-classified share units dividend equivalents 0.0         1.6 (1.6)        
NCI acquired in business combination 1.8                   1.8
Issuance of Series A Senior Preferred Shares and common stock, net of issuance costs (in shares)         251,163            
Issuance of Series A Senior Preferred Shares and common stock, net of issuance costs 15.0       $ 15.0            
Participating dividends on Series A Senior Preferred Shares   $ (7.3)   $ (24.3)       $ (7.3) $ (24.3)    
Dividends paid to common stockholders $ (298.0)                    
Balance (in shares) at Dec. 31, 2023 182,843,942       182,843,942            
Balance at Dec. 31, 2023 $ 5,019.0       $ 4,054.2 88.0 918.5     (44.0) 2.3
Increase (Decrease) in Temporary Equity [Roll Forward]                      
Net income (loss)     (0.3)                
Temporary equity, ending balance (in shares) at Dec. 31, 2024 485,000,000 485,000,000                  
Ending balance at Dec. 31, 2024   $ 482.0 $ 8.1                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) $ 413.1           413.1        
Other comprehensive (loss) income (80.8)                 (80.8)  
Stock option exercises (in shares)         1,044,547            
Stock option exercises 49.3       $ 61.4 (12.1)          
Issuance of common stock related to vesting of share units (in shares)         335,372            
Issuance of common stock related to vesting of share units (15.7)       $ 14.3 (30.0)          
Issuance of common stock related to ESPP purchase (in shares)         513,142            
Issuance of common stock related to ESPP 26.2       $ 32.9 (6.7)          
Share-based continuing employment costs related to business combinations (in shares)         (4,421)            
Share-based continuing employment costs related to business combinations (0.1)       $ 0.3 (0.4)          
Share-based payments expense 55.5         55.5          
Equity-classified share units dividend equivalents 0.0         1.1 (1.1)        
Participating dividends on Series A Senior Preferred Shares   $ (7.5)   $ (26.7)       $ (7.5) $ (26.7)    
Dividends paid to common stockholders $ (206.0)                    
Balance (in shares) at Dec. 31, 2024 184,732,582       184,732,582            
Balance at Dec. 31, 2024 $ 5,226.3       $ 4,163.1 $ 95.4 $ 1,090.3     $ (124.8) $ 2.3