Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share from net income for the respective periods and basic and diluted shares outstanding:


	Three Months Ended March 31,
(In millions, except per share data)	2023		2022
Basic earnings per share:
Net income	$	25.6	$	25.6
Weighted average number of shares outstanding	32.0		32.0
Basic earnings per share from net income	$	0.80	$	0.80
Diluted earnings per share:
Net income	$	25.6	$	25.6
Weighted average number of shares outstanding	32.0		32.0
Effect of dilutive securities:
Restricted stock	0.1		0.1
Total shares and dilutive securities	32.1		32.1
Diluted earnings per share from net income	$	0.80	$	0.80