v3.25.2
Earnings Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Our basic earnings per share calculations are based on the weighted average number of common shares outstanding during the period. Potentially dilutive securities include outstanding stock options, restricted share units, deferred stock units and performance-based restricted share units. The effect of potentially dilutive securities is reflected in diluted earnings per common share by application of the treasury method. Diluted earnings per share gives effect to all potentially dilutive common shares outstanding during the period.
Three Months EndedSix Months Ended
June 30,June 30,
(in millions, except per share data)2025202420252024
Net income from continuing operations attributable to common shareholders$80.3 $66.3 $158.6 $125.1 
Income from discontinued operations, net of tax (Note 3)6.1 5.3 34.9 11.3 
Net income attributable to common shareholders$86.4 $71.6 $193.5 $136.4 
Average basic shares outstanding57.5 57.2 57.457.1 
Effect of dilutive share-based awards1.0 1.1 1.1 1.1
Average diluted shares outstanding58.5 58.3 58.5 58.2 
Earnings per basic share:
Earnings per basic share from continuing operations$1.40 $1.16 $2.76 $2.19 
Earnings per basic share from discontinued operations0.11 0.09 0.61 0.20 
Earnings per basic share$1.51 $1.25 $3.37 $2.39 
Earnings per diluted share:
Earnings per diluted share from continuing operations$1.37 $1.14 $2.71 $2.15 
Earnings per diluted share from discontinued operations0.10 0.09 0.60 0.19 
Earnings per diluted share$1.47 $1.23 $3.31 $2.34 

Stock options, restricted share units, deferred stock units and performance-based restricted share units that were excluded from the calculation of diluted earnings per share because their effect is anti-dilutive was 0.2 million for both the three and six months periods ended June 30, 2025 and 2024.