v3.26.1
Earnings Per Share
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Earnings Per Share

7. Earnings Per Share

The following are the computations for basic and diluted earnings per share (in millions, except share and per share amounts):

 

 

Three Months Ended
March 31,

 

 

 

2026

 

 

2025

 

Net income

 

$

43.1

 

 

$

112.2

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding:

 

 

 

 

 

 

Basic

 

 

62,824,046

 

 

 

64,796,278

 

Dilutive equity-based compensation awards

 

 

476,875

 

 

 

276,081

 

Diluted

 

 

63,300,921

 

 

 

65,072,359

 

 

 

 

 

 

 

 

Earnings per common share:

 

 

 

 

 

 

Basic

 

$

0.69

 

 

$

1.73

 

Diluted

 

 

0.68

 

 

 

1.72

 

Shares not included in the computation of diluted earnings per share attributable to common shareholders because they would have been anti-dilutive were 227,246 and 354,560 for the three months ended March 31, 2026 and 2025, respectively.