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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 2023
Earnings Per Share [Abstract] |
Reconciliation of Net Income to Basic and Diluted EPS | The following table reconciles Net income to basic and diluted EPS:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in millions, except per share data) | 2023 |  | 2022 |  | 2023 |  | 2022
Net income | $ | 40.3 |  |  | $ | 33.5 |  |  | $ | 67.7 |  |  | $ | 54.0 |
Weighted average shares outstanding – Basic | 60.7 |  |  | 60.4 |  |  | 60.7 |  |  | 60.6 |
Dilutive effect of common stock equivalents | 0.7 |  |  | 0.5 |  |  | 0.7 |  |  | 0.5 |
Weighted average shares outstanding – Diluted | 61.4 |  |  | 60.9 |  |  | 61.4 |  |  | 61.1 |
Earnings per share: |  |  |  |  |  |  |
Basic | $ | 0.66 |  |  | $ | 0.55 |  |  | $ | 1.12 |  |  | $ | 0.89 |
Diluted | 0.66 |  |  | 0.55 |  |  | 1.10 |  |  | 0.88 |

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- 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
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