v3.25.2
Employee Benefits (Tables)
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Schedule of Workers' Compensation Known Claims and IBNR Reserves
Workers’ compensation known claims and IBNR reserves included on the Condensed Consolidated Balance Sheets were as follows (in millions):
June 30, 2025December 31, 2024
Included in other current liabilities$10.1 $9.2 
Included in other long-term liabilities19.7 18.5 
$29.8 $27.7 
Schedule of Insurance Receivable for Claims This receivable offsets an equal liability included within the reserve amounts noted above and was as follows (in millions):
 June 30, 2025December 31, 2024
Included in other non-current assets$4.6 $4.4 
Schedule of Equity-based Awards for Employees
Amounts and changes for each category of equity-based award were as follows:
 Common Stock AwardsPerformance-Based Stock AwardsPerformance-Based Restricted Stock Units
 AwardsWeighted Average Grant Date Fair Value Per ShareAwardsWeighted Average Grant Date Fair Value Per ShareUnitsWeighted Average Grant Date Fair Value Per Share
Nonvested awards/units at December 31, 2024
105,957 $156.41 131,134 $133.04 7,861 $242.85 
Granted79,997 169.89 46,556 170.99 11,495 170.37 
Vested(85,765)150.20 (63,985)106.50 (7,707)242.85 
Forfeited/Cancelled(374)172.25 — — (316)205.69 
Nonvested awards/units at June 30, 202599,815 $172.49 113,705 $163.50 11,333 $170.37 
Schedule of Stock Compensation Expenses
The following table summarizes the share-based compensation expense recognized by award type (in millions):
 Three months ended June 30,Six months ended June 30,
 2025202420252024
Common Stock Awards$2.6 $1.8 $5.6 $3.0 
Non-Employee Common Stock Awards0.2 0.2 0.4 0.4 
Performance-Based Stock Awards1.9 1.8 3.8 3.6 
Liability Performance-Based Stock Awards0.2 0.4 0.5 0.8 
Performance-Based Restricted Stock Units0.4 0.5 0.9 0.9 
$5.3 $4.7 $11.2 $8.7 
We recorded the following stock compensation expense by income statement category (in millions):
 Three months ended June 30,Six months ended June 30,
 2025202420252024
Cost of sales$0.2 $0.3 $0.5 $0.6 
Selling0.2 0.2 0.3 0.2 
Administrative4.9 4.2 10.4 7.9 
$5.3 $4.7 $11.2 $8.7 
Schedule of Unrecognized Share-Based Compensation Expense Related to Unvested Awards
Unrecognized share-based compensation expense related to unvested awards was as follows (in millions):
As of June 30, 2025
 Unrecognized
Compensation Expense
on Unvested Awards
Weighted Average
Remaining
Vesting Period
Common Stock Awards$13.5 2.1 years
Performance-Based Stock Awards11.1 1.9 years
Performance-Based Restricted Stock Units1.4 0.8 years
Total unrecognized compensation expense related to unvested awards$26.0