v3.26.1
Earnings Per Share - Schedule of Computation of Basic and Diluted Net Income Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Numerator:        
Net income available to common shareholders [1] $ 96.8 $ 23.2 $ 159.3 $ 44.8
Denominator – Weighted-average common shares outstanding (in thousands):        
Basic 16,343 16,160 16,296 16,138
Add: dilutive effect of non-vested common shares, restricted stock units and performance shares [2] 575 319 590 319
Diluted 16,918 16,479 16,886 16,457
Net income per common share, Basic: $ 5.92 $ 1.44 $ 9.77 $ 2.77
Net income per common share, Diluted: $ 5.72 $ 1.41 $ 9.43 $ 2.72
[1] Represents Net income less distributed and undistributed earnings allocated to non-vested restricted stock awards that contain non-forfeitable rights to dividends.
[2] Quantities in the following discussion are denoted in whole shares. During the quarter and six months ended June 30, 2026, approximately 122 and 223 shares, respectively, were excluded from the weighted-average diluted shares computation as their inclusion would have been anti‑dilutive. During the quarter and six months ended June 30, 2025, approximately 565 and 241 shares, respectively, were excluded from the weighted-average diluted shares computation as their inclusion would have been anti‑dilutive.