The computation of earnings per share for the three and six months ended June 30, 2026 and 2025 was as follows:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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(in millions except per share data) |
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2026 |
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2025 |
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2026 |
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2025 |
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Net income |
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$ |
14.1 |
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$ |
29.2 |
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$ |
33.5 |
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$ |
16.0 |
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Determination of shares: |
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Weighted-average number of common shares outstanding |
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94.0 |
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91.6 |
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93.3 |
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92.5 |
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Shares issuable on exercise of stock awards, net of shares assumed to be purchased out of proceeds at average market price |
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1.6 |
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1.5 |
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2.4 |
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1.8 |
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Average common shares outstanding for fully diluted computation(1) |
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95.6 |
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93.1 |
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95.7 |
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94.3 |
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Per share: |
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Basic income per share |
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$ |
0.15 |
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$ |
0.32 |
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$ |
0.36 |
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$ |
0.17 |
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Diluted income per share |
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$ |
0.15 |
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$ |
0.31 |
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$ |
0.35 |
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$ |
0.17 |
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Shares outstanding as of June 30, |
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92.3 |
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90.1 |
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(1)Diluted by assumed exercise of stock-based compensation awards using the treasury stock method.
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