v3.26.1
EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2026
EARNINGS PER SHARE  
EARNINGS PER SHARE

13.          EARNINGS PER SHARE

Basic earnings per share is determined by dividing net income by the weighted average common shares outstanding during the period. The calculation of diluted earnings per share includes the dilutive effect of non-vested restricted stock units. The computation of weighted average common shares outstanding excluded a nominal amount of anti-dilutive restricted stock units for each period ended March 31, 2026 and 2025.

The computations for basic and diluted earnings per share for the three months ended March 31, 2026 and 2025 are as follows:

Three Months Ended March 31, 2026

Three Months Ended March 31, 2025

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  ​ ​ ​

Weighted

  ​ ​ ​

Per

  ​ ​ ​

  ​ ​ ​

Weighted

  ​ ​ ​

Per

Average

Common

Average

Common

Net

Common

Share

Net

Common

Share

(In millions, except per share amounts)

Income

Shares

Amount

Income

Shares

Amount

Basic:

$

56.6

 

30.4

$

1.86

$

72.3

 

32.8

$

2.20

Effect of Dilutive Securities:

 

0.2

(0.01)

 

0.4

(0.02)

Diluted:

$

56.6

30.6

$

1.85

$

72.3

33.2

$

2.18