Our long-term incentive plan (LTIP) costs are primarily recorded within general and administrative expenses in our Consolidated Condensed Statements of Operations. The following table summarizes our LTIP costs.


	Three Months Ended				Six Months Ended
	June 28, 2025		June 29, 2024		June 28, 2025		June 29, 2024
Equity-based awards	$	9.1	$	6.7	$	17.2	$	13.7
Liability-based awards	0.8		0.6		1.5		1.3
Total share-based compensation expense	$	9.9	$	7.3	$	18.7	$	15.0

As of June 28, 2025, there was $61.3 of total unrecognized compensation cost related to non-vested equity awards. This cost is expected to be recognized ratably over a weighted-average period of 2.2 years. Additionally, unrecognized compensation cost related to liability-based awards was $4.6, which is expected to be recognized ratably over a weighted-average period of 2.1 years.

The majority of our LTIP awards are granted during the first quarter of each year and have three-year service periods. The majority of these awards either vest equally each year or at the completion of the three-year service period. During the six months ended June 28, 2025, we granted the following LTIP awards as provided in the table below:


	# of Awards Granted	Weighted Average Grant Date Fair Value Per Share

Restricted stock units (RSUs)	0.2	$	135.77
Performance stock units (PSUs)	0.1	$	145.00

During the six months ended June 28, 2025 and June 29, 2024, a nominal amount of non-qualified stock options were exercised resulting in proceeds of $0.6 and $0.2, respectively. During the six months ended June 28, 2025 and June 29, 2024, RSUs of 0.1 and 0.1, respectively, vested and were issued. During the six months ended June 28, 2025 and June 29, 2024, PSUs of 0.1 and 0.1 that vested on December 31, 2024 and 2023, respectively, were issued.