Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share is computed using the weighted average number of common shares outstanding and, when dilutive, common share equivalents. The computation of basic and diluted earnings per share was as follows:


(in millions, except share and per share data)	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Net income	$	95.0	$	22.5	$	186.1	$	57.9



Weighted average number of common shares outstanding, basic (in thousands)	69,298		70,389		69,642		70,330
Restricted stock units	74		159		118		195
Stock options	32		104		42		115

Weighted average number of common shares outstanding, diluted (in thousands)	69,403		70,652		69,803		70,641

Earnings per share:
Basic	$	1.37	$	0.32	$	2.67	$	0.82
Diluted	$	1.37	$	0.32	$	2.67	$	0.82

The number of common share equivalents excluded from the computation of diluted earnings per share because either the effect would have been anti-dilutive, or the performance criteria related to the units had not yet been met, were as follows:


	Three Months Ended June 30,		Six Months Ended June 30,
(in thousands)	2026	2025	2026	2025
Restricted stock units	797	441	677	431
Stock options	378	130	292	134
Convertible Senior Notes	—	1,862	—	2,671
Total	1,175	2,433	969	3,236