v3.25.1
Stock Based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Components of Stock-Based Compensation and Expected Tax Benefit
The following table sets forth the components of our stock-based compensation and expected tax benefit for the three months ended March 31, 2025 and 2024 related to the plans in effect during the respective period:
Three months ended March 31,
Stock-based compensation expense:20252024
Restricted stock and restricted stock units
$14.0 $16.1 
Stock options (1)
0.7 1.8 
Total compensation expense$14.7 $17.9 
Expected tax benefit:
Restricted stock and restricted stock units$1.5 $1.6 
Stock options— 0.1 
Total expected tax benefit$1.5 $1.7 
(1)Lower expense for stock options was primarily due to the impact of the accelerated attribution method used to recognize expense for the performance-based stock option grants.
Schedule of Stock Options Activity
The following table summarizes the stock options activity for the three months ended March 31, 2025:
Stock options
Number of
options
Weighted-average
exercise price
Weighted-average remaining contractual term (in years)Aggregate intrinsic value
Balances, January 1, 2025
10,801,369 $19.334.7$—
Granted— $—
Forfeited— $—
Exercised— $—
Balances, March 31, 2025
10,801,369 $19.334.5$—
Expected to vest as of March 31, 2025
4,721,369 $15.897.4$—
Exercisable as of March 31, 2025
6,080,000 $22.002.2$—
Schedule of Stock Options, Restricted Stock and Restricted Stock Units Activity
The following table summarizes the restricted stock and restricted stock units activity for the three months ended March 31, 2025:

Restricted stock and Restricted stock units
Number of
shares
Weighted-average
grant date
fair value
Weighted-average remaining contractual term (in years)Aggregate intrinsic value
Balances, January 1, 2025
10,008,303 $11.570.9$124.7
Granted 6,766,753 $8.40
Forfeited(82,678)$11.20
Vested(4,117,805)$11.98
Balances, March 31, 2025
12,574,573 $9.731.6$112.4