Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2026

Share-Based Payment Arrangement [Abstract]

Stock-based compensation expense

The following table summarizes our stock-based compensation expense for the three months ended March 31, 2026 and 2025.

	Three Months Ended
	March 31,
(in millions)	2026		2025
Stock-based compensation expenses (restricted share units (“RSUs”) and performance-based RSUs (“PRSUs”)), before income taxes	$	5.6	$	9.5
Tax benefit	(0.3)		(0.4)
Stock-based compensation expense, net of tax	$	5.3	$	9.1

Activity of RSUs and PRSUs Issued to Our Employees

The following table summarizes activity for the three months ended March 31, 2026, of RSUs and PRSUs issued to our employees.

	Activity	Weighted Average Per Share Grant Date Fair Market Value
Non-vested as of December 31, 2025	3,203,845	$	15.76
Granted:
RSUs	723,244	26.16
PRSUs	327,220	32.64
Vested:
RSUs	(1,017,858)	16.15
PRSUs	(409,749)	15.95
Forfeitures:
RSUs	(9,066)	17.84
Non-vested as of March 31, 2026	2,817,636	20.05