XML 96 R50.htm IDEA: XBRL DOCUMENT
v3.25.2

EARNINGS PER SHARE (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Earnings Per Share [Abstract] |
Reconciliation of Basic and Diluted Net Income Per Common Share | The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2025 and 2024 (in millions, except per share data):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Basic earnings per share numerator: |  |  |  |  |  |  |
Net income | $ | 235.1 |  |  | $ | 140.4 |  |  | $ | 485.7 |  |  | $ | 349.9 |
Net income allocated to participating securities | (1.2) |  |  | (0.7) |  |  | (2.4) |  |  | (1.9) |
Net income allocated to common stockholders | $ | 233.9 |  |  | $ | 139.7 |  |  | $ | 483.3 |  |  | $ | 348.0 |
Basic earnings per share denominator: |  |  |  |  |  |  |
Weighted average shares outstanding | 104.7 |  |  | 105.1 |  |  | 104.7 |  |  | 105.4 |
Basic earnings per share | $ | 2.23 |  |  | $ | 1.33 |  |  | $ | 4.62 |  |  | $ | 3.30 |
Diluted earnings per share numerator: |  |  |  |  |  |  |
Net income | $ | 235.1 |  |  | $ | 140.4 |  |  | $ | 485.7 |  |  | $ | 349.9 |
Net income allocated to participating securities | (1.2) |  |  | (0.7) |  |  | (2.4) |  |  | (1.9) |
Net income allocated to common stockholders | $ | 233.9 |  |  | $ | 139.7 |  |  | $ | 483.3 |  |  | $ | 348.0 |
Diluted earnings per share denominator: |  |  |  |  |  |  |
Weighted average shares outstanding | 104.7 |  |  | 105.1 |  |  | 104.7 |  |  | 105.4 |
Dilutive common shares issued under stock program | 0.3 |  |  | 0.3 |  |  | 0.3 |  |  | 0.4 |
Total dilutive weighted average shares | 105.0 |  |  | 105.4 |  |  | 105.0 |  |  | 105.8 |
Diluted earnings per share | $ | 2.23 |  |  | $ | 1.33 |  |  | $ | 4.60 |  |  | $ | 3.29 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration