v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Earnings Per Share

The following is a reconciliation of net income and the shares of common stock used in the computation of basic and diluted earnings per share:

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

107.4

 

 

$

89.5

 

 

$

263.1

 

 

$

228.9

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding (in thousands)

 

 

45,836

 

 

 

56,117

 

 

 

48,448

 

 

 

56,045

 

Dilutive effect of unvested restricted stock and restricted stock units (in thousands)

 

 

69

 

 

 

383

 

 

 

45

 

 

 

279

 

Diluted weighted average shares outstanding (in thousands)

 

 

45,905

 

 

 

56,500

 

 

 

48,492

 

 

 

56,324

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

2.34

 

 

$

1.59

 

 

$

5.43

 

 

$

4.08

 

Diluted

 

$

2.34

 

 

$

1.58

 

 

$

5.43

 

 

$

4.06