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Share-Based Compensation
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Share-Based Compensation Share-Based Compensation
Total share-based compensation expenses were as follows (in millions):
Three months ended September 30,Nine months ended September 30,
2024202320242023
Option awards$2.2 $2.0 $9.8 $9.7 
Other share-based awards 5.6 7.9 18.5 24.7 
Total share-based compensation before tax 7.8 9.9 28.3 34.4 
Tax benefit 1.9 2.4 6.9 8.2 
Total share-based compensation expense included in net income$5.9 $7.5 $21.4 $26.2 
In addition to the above share-based compensation expenses, the Company sponsors a qualified non-leveraged employee stock ownership plan (“ESOP”). Shares allocated to eligible participants’ accounts vest at various percentage rates based on years of service and require no cash payments from the recipient.
As of September 30, 2024, there was $63.5 million of total unrecognized share-based compensation expense related to unvested share-based equity awards. Unrecognized share-based compensation expense is expected to be recognized over a weighted-average period of 1.6 years. Included in unrecognized share-based compensation expense was approximately $7.3 million related to stock options and $56.2 million for restricted stock.