Net Income Per Common Share Computations (Tables)

3 Months Ended

Mar. 31, 2025

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 March 31,
(in millions, except per share data)	2025		2024
Numerator for basic and diluted net income per common share:
Net income attributable to Churchill Downs Incorporated	$	76.7	$	80.4
Adjustments related to redeemable noncontrolling interest	1.2		—
Net income attributable to common shareholders	$	75.5	$	80.4
Denominator for net income per common share:
Basic	73.7		74.1
Plus dilutive effect of stock awards	0.7		0.6
Diluted	74.4		74.7
Net income per common share data:
Basic net income	$	1.02	$	1.09
Diluted net income	$	1.02	$	1.08