v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Beginning balance (in shares) at Dec. 31, 2024   379,800,000      
Beginning balance at Dec. 31, 2024 $ 3,444.2 $ 3.8 $ 4,971.3 $ (1,513.7) $ (17.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 56.3     56.3  
Other comprehensive income (loss) 15.2       15.2
Common stock repurchased and cancelled (in shares)   (7,400,000)      
Common stock repurchased and cancelled (223.2)   (6.9) (216.3)  
Common stock issued - Equity Incentive Plan (in shares)   800,000      
Common stock issued - Equity Incentive Plan 1.2   1.2    
Common stock issued- Employee Stock Purchase Plan (in shares)   100,000      
Common stock issued - Employee Stock Purchase Plan 3.6   3.6    
Stock-based compensation 24.9   24.9    
Dividends on common stock (76.0)     (76.0)  
Ending balance (in shares) at Jun. 30, 2025   373,300,000      
Ending balance at Jun. 30, 2025 3,246.2 $ 3.8 4,994.1 (1,749.7) (2.0)
Beginning balance (in shares) at Mar. 31, 2025   376,200,000      
Beginning balance at Mar. 31, 2025 3,333.1 $ 3.8 4,979.4 (1,637.4) (12.7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 27.6     27.6  
Other comprehensive income (loss) 10.7       10.7
Common stock repurchased and cancelled (in shares)   (3,200,000)      
Common stock repurchased and cancelled (104.0)   (1.8) (102.2)  
Common stock issued - Equity Incentive Plan (in shares)   200,000      
Common stock issued- Employee Stock Purchase Plan (in shares)   100,000      
Common stock issued - Employee Stock Purchase Plan 3.6   3.6    
Stock-based compensation 12.9   12.9    
Dividends on common stock (37.7)     (37.7)  
Ending balance (in shares) at Jun. 30, 2025   373,300,000      
Ending balance at Jun. 30, 2025 $ 3,246.2 $ 3.8 4,994.1 (1,749.7) (2.0)
Beginning balance (in shares) at Dec. 31, 2025 363,940,940 363,900,000      
Beginning balance at Dec. 31, 2025 $ 2,992.6 $ 3.7 5,017.3 (2,014.5) (13.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 96.5     96.5  
Other comprehensive income (loss) 1.9       1.9
Common stock repurchased and cancelled (in shares)   (2,400,000)      
Common stock repurchased and cancelled (48.2) $ (0.1) (3.2) (44.9)  
Common stock issued - Equity Incentive Plan (in shares)   700,000      
Common stock issued - Equity Incentive Plan 0.4   0.4    
Common stock issued- Employee Stock Purchase Plan (in shares)   300,000      
Common stock issued - Employee Stock Purchase Plan 3.9   3.9    
Stock-based compensation 21.0   21.0    
Dividends on common stock $ (87.9)     (87.9)  
Ending balance (in shares) at Jun. 30, 2026 362,464,702 362,500,000      
Ending balance at Jun. 30, 2026 $ 2,980.2 $ 3.6 5,039.4 (2,050.8) (12.0)
Beginning balance (in shares) at Mar. 31, 2026   362,900,000      
Beginning balance at Mar. 31, 2026 2,957.2 $ 3.6 5,026.0 (2,060.5) (11.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 69.2     69.2  
Other comprehensive income (loss) (0.1)       (0.1)
Common stock repurchased and cancelled (in shares)   (700,000)      
Common stock repurchased and cancelled (15.8)   (0.1) (15.7)  
Common stock issued - Equity Incentive Plan (in shares)   100,000      
Common stock issued - Equity Incentive Plan 0.3   0.3    
Common stock issued- Employee Stock Purchase Plan (in shares)   200,000      
Common stock issued - Employee Stock Purchase Plan 2.1   2.1    
Stock-based compensation 11.1   11.1    
Dividends on common stock $ (43.8)     (43.8)  
Ending balance (in shares) at Jun. 30, 2026 362,464,702 362,500,000      
Ending balance at Jun. 30, 2026 $ 2,980.2 $ 3.6 $ 5,039.4 $ (2,050.8) $ (12.0)