v3.26.1
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings (Loss) Per Share The following is a reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings per
share available to common stockholders:
 
For the Three Months
Ended June 30,
For the Six Months
Ended June 30,
 
2025
2026
2025
2026
Numerator
 
 
 
 
Net income (controlling interest)
$84.3
$185.9
$156.6
$296.3
Income (loss) from hypothetical settlement of Redeemable non-controlling
interests, net of taxes
0.3
1.2
(1.5)
(2.8)
Interest expense on junior convertible securities, net of taxes
3.4
—
6.7
—
Net income (controlling interest), as adjusted
$88.0
$187.1
$161.8
$293.5
Denominator
 
 
Average shares outstanding (basic)
28.5
26.4
28.9
26.6
Effect of dilutive instruments:
 
 
Stock options and restricted stock units
1.0
0.3
1.1
0.4
Hypothetical issuance of shares to settle Redeemable non-controlling interests
0.2
0.2
0.6
0.3
Assumed issuance of junior convertible securities shares
1.7
—
1.7
—
Average shares outstanding (diluted)
31.4
26.9
32.3
27.3
Schedule of Shares Excluded from Calculation of Basic and Diluted Earnings (Loss) Per Share The following
is a summary of items excluded from the denominator in the table above:
 
For the Three Months
Ended June 30,
For the Six Months
Ended June 30,
 
2025
2026
2025
2026
Stock options and restricted stock units
0.2
0.1
0.2
0.1
Shares issuable to settle Redeemable non-controlling interests
2.8
1.2
2.5
1.1