Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2026

Schedule of Reconciliation of Net Income and Share Data Used in Basic and Diluted Earnings Per Share Computations

The following table presents net income and reconciles basic and diluted shares outstanding used in the earnings per share computations:


	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2026		2025		2026		2025
Net income	$	134.1	$	80.3	$	320.3	$	219.8

Weighted average common shares outstanding – Basic	33.9		34.4		34.4		35.8
Dilutive impact of share-based compensation awards(1)	0.6		0.5		0.5		0.4

Weighted average common shares outstanding – Diluted	34.6		34.8		34.8		36.2

(1)For the three and nine months ended September 30, 2026, 0.1 million and 0.6 million, respectively, of outstanding share-based compensation awards were excluded from the computation of diluted earnings per share under the treasury stock method, as the effect of including those shares would be anti-dilutive. For the three and nine months ended September 30, 2025, 0.4 million and 0.6 million, respectively, of outstanding share-based compensation awards were excluded from the computation of diluted earnings per share under the treasury stock method, as the effect of including those shares would be anti-dilutive. In addition, certain PSUs and MSUs are excluded from the calculation of dilutive earnings per share because the underlying minimum threshold performance or market conditions have not yet been achieved by the end of the reporting period.