Calculation of Earnings Per Share

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Calculation of Earnings Per Share

Calculation of Earnings Per Share

	Three Months Ended
	March 31,
	2025		2024
(dollars in millions, shares in thousands (except per share data))
Calculation of Basic Earnings Per Share:
Net Income	$	50.9	$	46.2
Weighted average shares outstanding	22,957		22,250
Basic Earnings Per Share	$	2.22	$	2.07
Calculation of Diluted Earnings Per Share:
Reconciliation of Denominator:
Weighted shares outstanding—Basic	22,957		22,250
Effect of dilutive securities—Share-based compensation	84		56
Adjusted denominator—Diluted	23,041		22,306
Diluted Earnings Per Share	$	2.21	$	2.07