XML 15 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Income Statements - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Total revenue $ 1,108.6 $ 1,064.7
Operating expenses:    
Selling, general and administrative 205.0 198.1
Acquisition-related and integration costs 3.1 12.8
Depreciation and amortization 114.5 107.7
Total operating expenses 919.5 868.2
Gain on disposition of property, plant and equipment 0.4 2.4
Operating income 189.5 198.9
Interest expense (49.9) (63.9)
Interest income 3.0 6.6
Other income (loss), net 0.7 (0.8)
Foreign exchange loss (0.4) (0.9)
Income before income taxes 142.9 139.9
Income tax expense 29.6 32.5
Net income 113.3 107.4
Net income (loss) attributable to:    
Controlling interests 113.4 107.4
Redeemable non-controlling interests (0.1) 0.0
Net income 113.3 107.4
Net income attributable to controlling interests 113.4 107.4
Cumulative dividends on Series A Senior Preferred Shares (6.7) (6.7)
Allocated earnings to Series A Senior Preferred Shares (3.8) (3.6)
Net income available to common stockholders $ 102.9 $ 97.1
Earnings per share available to common stockholders    
Basic earnings per share available to common stockholders (usd per share) $ 0.56 $ 0.53
Diluted earnings per share available to common stockholders (usd per share) $ 0.55 $ 0.53
Weighted average number of shares outstanding:    
Basic weighted average number of shares outstanding (in shares) 184,824,362 183,059,321
Diluted weighted average number of shares outstanding (in shares) 186,352,974 184,581,054
Service revenue    
Revenue:    
Total revenue $ 852.5 $ 849.1
Operating expenses:    
Direct expenses 361.9 353.0
Inventory sales revenue    
Revenue:    
Total revenue 256.1 215.6
Operating expenses:    
Direct expenses $ 235.0 $ 196.6