v3.25.2
Consolidated Statements of Equity - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2023   68,265,042          
Beginning balance (in shares) at Dec. 31, 2023     68,073        
Beginning balance at Dec. 31, 2023 $ 3,305.8 $ 68.3 $ (4.1) $ 2,007.7 $ 1,158.2 $ (14.8) $ 90.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 131.6       127.9   3.7
Other comprehensive income, net of tax 2.5         2.5  
Dividends on common stock (44.4)       (44.4)    
Share-based compensation (in shares)   104,181 14,270        
Share-based compensation 1.4 $ 0.1 $ (0.6) 1.9      
Issuance of common stock (in shares)   600,355          
Issuance of common stock 31.5 $ 0.6   30.9      
Issuance costs (0.3)     (0.3)      
Distributions to non-controlling interest (5.6)           (5.6)
Ending balance (in shares) at Mar. 31, 2024   68,969,578          
Ending balance (in shares) at Mar. 31, 2024     82,343        
Ending balance at Mar. 31, 2024 3,422.5 $ 69.0 $ (4.7) 2,040.2 1,241.7 (12.3) 88.6
Beginning balance (in shares) at Dec. 31, 2023   68,265,042          
Beginning balance (in shares) at Dec. 31, 2023     68,073        
Beginning balance at Dec. 31, 2023 3,305.8 $ 68.3 $ (4.1) 2,007.7 1,158.2 (14.8) 90.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 156.2            
Other comprehensive income, net of tax 3.5            
Ending balance (in shares) at Jun. 30, 2024   69,747,220          
Ending balance (in shares) at Jun. 30, 2024     83,160        
Ending balance at Jun. 30, 2024 3,443.4 $ 69.7 $ (4.9) 2,084.2 1,219.6 (11.3) 86.1
Beginning balance (in shares) at Mar. 31, 2024   68,969,578          
Beginning balance (in shares) at Mar. 31, 2024     82,343        
Beginning balance at Mar. 31, 2024 3,422.5 $ 69.0 $ (4.7) 2,040.2 1,241.7 (12.3) 88.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 24.7       22.8   1.9
Other comprehensive income, net of tax 1.0         1.0  
Dividends on common stock (44.9)       (44.9)    
Share-based compensation (in shares)   9,623 817        
Share-based compensation 2.7   $ (0.2) 2.9      
Issuance of common stock (in shares)   768,019          
Issuance of common stock 42.2 $ 0.7   41.5      
Issuance costs (0.4)     (0.4)      
Distributions to non-controlling interest (4.4)           (4.4)
Ending balance (in shares) at Jun. 30, 2024   69,747,220          
Ending balance (in shares) at Jun. 30, 2024     83,160        
Ending balance at Jun. 30, 2024 $ 3,443.4 $ 69.7 $ (4.9) 2,084.2 1,219.6 (11.3) 86.1
Beginning balance (in shares) at Dec. 31, 2024   71,676,756          
Beginning balance (in shares) at Dec. 31, 2024 56,608   56,608        
Beginning balance at Dec. 31, 2024 $ 3,585.2 $ 71.7 $ (3.3) 2,193.4 1,249.1 (9.4) 83.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 136.4       134.3   2.1
Other comprehensive income, net of tax 1.0         1.0  
Dividends on common stock (48.6)       (48.6)    
Share-based compensation (in shares)   103,995 (22,488)        
Share-based compensation 1.3 $ 0.1 $ 1.3 (0.1)      
Issuance of common stock (in shares)   763,481          
Issuance of common stock 46.1 $ 0.7   45.4      
Issuance costs (0.5)     (0.5)      
Distributions to non-controlling interest (3.8)           (3.8)
Ending balance (in shares) at Mar. 31, 2025   72,544,232          
Ending balance (in shares) at Mar. 31, 2025     34,120        
Ending balance at Mar. 31, 2025 $ 3,717.1 $ 72.5 $ (2.0) 2,238.2 1,334.8 (8.4) 82.0
Beginning balance (in shares) at Dec. 31, 2024   71,676,756          
Beginning balance (in shares) at Dec. 31, 2024 56,608   56,608        
Beginning balance at Dec. 31, 2024 $ 3,585.2 $ 71.7 $ (3.3) 2,193.4 1,249.1 (9.4) 83.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 165.2            
Other comprehensive income, net of tax $ 1.4            
Ending balance (in shares) at Jun. 30, 2025   72,902,676          
Ending balance (in shares) at Jun. 30, 2025 47,947   47,947        
Ending balance at Jun. 30, 2025 $ 3,719.4 $ 72.9 $ (2.8) 2,260.7 1,313.3 (8.0) 83.3
Beginning balance (in shares) at Mar. 31, 2025   72,544,232          
Beginning balance (in shares) at Mar. 31, 2025     34,120        
Beginning balance at Mar. 31, 2025 3,717.1 $ 72.5 $ (2.0) 2,238.2 1,334.8 (8.4) 82.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 28.8       27.5   1.3
Other comprehensive income, net of tax 0.4         0.4  
Dividends on common stock (49.0)       (49.0)    
Share-based compensation (in shares)   19,159 13,827        
Share-based compensation 2.7 $ 0.1 $ (0.8) 3.4      
Issuance of common stock (in shares)   339,285          
Issuance of common stock 19.7 $ 0.3   19.4      
Issuance costs $ (0.3)     (0.3)      
Ending balance (in shares) at Jun. 30, 2025   72,902,676          
Ending balance (in shares) at Jun. 30, 2025 47,947   47,947        
Ending balance at Jun. 30, 2025 $ 3,719.4 $ 72.9 $ (2.8) $ 2,260.7 $ 1,313.3 $ (8.0) $ 83.3