v3.26.3
Net Income Per Common Share Computations
 9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Net Income Per Common Share Computations
15. NET INCOME PER COMMON SHARE COMPUTATIONS
The following is a reconciliation of the numerator and denominator of the net income per common share computations:
Three Months Ended September 30,Nine Months Ended September 30,
(in millions, except per share data) 2026202520262025
Numerator for basic and diluted net income per common share:
Net income attributable to Churchill Downs Incorporated$80 $38 $404 $332 
Adjustments related to redeemable noncontrolling interests— — (3)(2)
Net income attributable to common shareholders$80 $38 $401 $330 
Denominator for net income per common share:
Basic70 70 70 72 
Plus dilutive effect of stock awards— 1 — 1 
Diluted70 71 70 73 
Net income per common share data:
Basic net income$1.15 $0.54 $5.75 $4.59 
Diluted net income$1.15 $0.54 $5.73 $4.55