Earnings Per Share (Tables)

3 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table summarizes basic and diluted earnings per share:

	Three months ended December 31
(In millions, except per share amounts)	2024		2023
Numerator
Income from continuing operations	$	93.9	$	33.9
Loss from discontinued operations, net of tax	(2.3)		(2.0)
Net income	$	91.6	$	31.9
Denominator
Weighted average common shares outstanding	128.7		131.8
Effect of potentially dilutive securities (a)	0.8		0.9
Weighted average diluted shares outstanding	129.5		132.7
Basic earnings (loss) per share
Continuing operations	$	0.73	$	0.26
Discontinued operations	(0.02)		(0.02)
Basic earnings per share	$	0.71	$	0.24
Diluted earnings (loss) per share
Continuing operations	$	0.73	$	0.26
Discontinued operations	(0.02)		(0.02)
Diluted earnings per share	$	0.71	$	0.24

(a)There were 0.2 million outstanding stock appreciation rights not included in the computation of diluted earnings per share in the three months ended December 31, 2023, respectively, because the effect would have been antidilutive.