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CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Dec. 31, 2020   41,133,668     21,848,314  
Balance at Dec. 31, 2020 $ 905.5 $ 0.4 $ 595.5 $ 1,348.9 $ (1,033.7) $ (5.6)
Comprehensive Income (Loss):            
Net income 532.4     532.4    
Unrealized gains on changes in fair value of debt securities, net of $0 tax expense 0.2         0.2
Change in fair value of cash flow swaps, net of reclassification adjustment 4.7         4.7
Comprehensive income 537.3     532.4   4.9
Share-based compensation 16.2   16.2      
Proceeds from secondary offering of common stock, net (in shares)   3,795,000        
Proceeds from secondary offering of common stock, net 666.9   666.9      
Issuance of common stock in connection with share-based payment arrangements (in shares)   123,625        
Repurchase of common stock associated with net share settlements of employee share-based awards (in shares)         65,937  
Repurchase of common stock associated with net share settlements of employee share-based awards $ (10.4)       $ (10.4)  
Purchase of treasury shares (in shares) 0          
Balance (in shares) at Dec. 31, 2021   45,052,293     21,914,251  
Balance at Dec. 31, 2021 $ 2,115.5 $ 0.4 1,278.6 1,881.3 $ (1,044.1) (0.7)
Comprehensive Income (Loss):            
Net income 997.3     997.3    
Unrealized gains on changes in fair value of debt securities, net of $0 tax expense (4.0)          
Change in fair value of cash flow swaps, net of reclassification adjustment 78.1         78.1
Unrealized loss on changes in fair value of debt securities, net of $0.8 million tax benefit (3.2)         (3.2)
Comprehensive income 1,072.2     997.3   74.9
Share-based compensation 20.6   20.6      
Issuance of common stock in connection with share-based payment arrangements (in shares)   122,342        
Repurchase of common stock associated with net share settlements of employee share-based awards (in shares)         56,024  
Repurchase of common stock associated with net share settlements of employee share-based awards $ (9.2)       $ (9.2)  
Purchase of treasury shares (in shares) 1,635,030       1,635,030  
Share issues (repurchases) $ (295.6)   1.4   $ (297.0)  
Retirement of previously repurchased common stock (in shares)   (1,580,826)     (1,580,826)  
Retirement of common stock     (19.1) (268.3) $ 287.4  
Balance (in shares) at Dec. 31, 2022   43,593,809     22,024,479  
Balance at Dec. 31, 2022 2,903.5 $ 0.4 1,281.4 2,610.1 $ (1,063.0) 74.4
Comprehensive Income (Loss):            
Net income 602.5     602.5    
Unrealized gains on changes in fair value of debt securities, net of $0 tax expense 5.2          
Change in fair value of cash flow swaps, net of reclassification adjustment (17.5)         (17.5)
Unrealized loss on changes in fair value of debt securities, net of $0.8 million tax benefit 4.1         4.1
Comprehensive income 589.1     602.5   (13.4)
Share-based compensation 23.5   23.5      
Issuance of common stock in connection with share-based payment arrangements (in shares)   128,563        
Repurchase of common stock associated with net share settlements of employee share-based awards (in shares)         48,262  
Repurchase of common stock associated with net share settlements of employee share-based awards $ (11.4)       $ (11.4)  
Purchase of treasury shares (in shares) 1,316,167       1,316,167  
Share issues (repurchases) $ (260.6)   0.0   $ (260.6)  
Retirement of previously repurchased common stock (in shares)   (1,370,371)     (1,370,371)  
Retirement of common stock     (16.5) (251.1) $ 267.7  
Balance (in shares) at Dec. 31, 2023   42,352,001     22,018,537  
Balance at Dec. 31, 2023 $ 3,244.1 $ 0.4 $ 1,288.4 $ 2,961.5 $ (1,067.3) $ 61.0