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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following are the computations for basic and diluted earnings per share (in millions, except share and per share amounts):

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Net Income

 

$

180.3

 

 

$

183.7

 

 

$

528.3

 

 

$

447.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

65,329,124

 

 

 

65,342,227

 

 

 

65,529,283

 

 

 

65,363,125

 

Dilutive equity-based compensation awards

 

 

334,074

 

 

 

603,093

 

 

 

363,454

 

 

 

449,459

 

Diluted

 

 

65,663,198

 

 

 

65,945,320

 

 

 

65,892,737

 

 

 

65,812,584

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

2.76

 

 

$

2.81

 

 

$

8.06

 

 

$

6.84

 

Diluted

 

 

2.75

 

 

 

2.79

 

 

 

8.02

 

 

 

6.80