EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2023

EARNINGS PER SHARE

Schedule of Basic and Diluted Earnings per Share

Basic and diluted EPS were calculated as follows:

	For the Years Ended December 31,
	2023		2022		2021
	(in millions, except per share data)
Net income	$	171.3	$	170.4	$	170.1
Weighted-average shares for basic EPS		83.3		83.3		83.3
Plus incremental shares from assumed conversions of long-term incentive plan shares		0.1		—		—
Weighted-average shares for diluted EPS		83.4		83.3		83.3
Basic earnings per share		2.06		2.05		2.04
Diluted earnings per share	$	2.05	$	2.05	$	2.04