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Earnings Per Share
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Earnings Per Share EARNINGS PER SHARE
Basic earnings per share (“EPS”) is computed by dividing net income by the weighted average number of common shares outstanding for the period, including vested restricted stock unit (“RSU”) awards. Diluted EPS is calculated using the treasury stock method by dividing net income by the weighted average number of shares outstanding, noted above, including the effect of dilutive unvested RSU awards.
The following table presents the calculation of basic and diluted EPS:
Three Months Ended March 31,
 20262025
Net Income
$205.4 $175.5 
Basic weighted average common shares outstanding
34.7 39.0 
Effect of dilutive unvested RSUs
0.4 0.4 
Diluted weighted average common shares outstanding
35.1 39.4 
Basic EPS
$5.92 $4.50 
Diluted EPS
$5.85 $4.45 
Earnings per share during the three months ended March 31, 2026, benefited from a net gain related to minority equity investments. See Note 14 of the Unaudited Condensed Consolidated Financial Statements for more information.