Net Income Per Common Share Computations (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following is a reconciliation of the numerator and denominator of the net income per common share computations:

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions, except per share data)	2024		2023		2024		2023
Numerator for basic and diluted net income per common share:
Net income attributable to Churchill Downs Incorporated	$	209.3	$	143.0	$	289.7	$	298.7
Adjustments related to redeemable noncontrolling interest	(0.8)		—		(0.8)		—
Net income attributable to common shareholders	$	208.5	$	143.0	$	288.9	$	298.7
Denominator for net income per common share:
Basic	73.9		75.3		74.0		75.3
Plus dilutive effect of stock awards	0.7		1.6		0.6		1.2
Diluted	74.6		76.9		74.6		76.5
Net income per common share data:
Basic net income	$	2.82	$	1.90	$	3.90	$	3.97
Diluted net income	$	2.79	$	1.86	$	3.87	$	3.90