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Note 15 - Long-Term Incentive Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Share-Based Payment Arrangement, Cost by Plan [Table Text Block]

 

Year ended December 31,

 

 

2024

  

2023

  

2022

 

DIP

 $66.4  $70.6  $84.0 

Other

  4.4   4.3   6.3 

Stock-based payments expense

 $70.8  $74.9  $90.3 

DIP funds — liability settled

  84.7   81.5   84.7 

Social Security costs

  10.2   9.5   10.5 

Profits interests and other, net

  0.9   1.5   (4.8)

Total long-term incentive compensation expense

 $166.6  $167.4  $180.7 
Employee Service Share Based Compensation Cost Not yet Recognized [Table Text Block]

 

Unrecognized

  

Weighted-average

 

 

compensation

  

years

 

DIP

 $50.8   1.8 

Other

  2.4   1.2 

Stock-based payments expense

  53.2   1.8 

DIP funds — liability settled

  41.4   1.8 

Social Security costs

  16.2   0.7 

Total unrecognized long-term incentive compensation expense

 $110.8   1.6 
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

Year ended December 31,

 

 

2024

  

2023

  

2022

 

Fair value of options granted

 £7.2  £6.2  £9.3 

Assumptions:

            

Dividend yield

  4.82%  5.89%  4.27%

Expected volatility

  33.95%  45.33%  41.82%

Risk-free interest rate

  4.06%  3.47%  1.43%

Expected life (years)

  3.2   3.2   3.2 

 

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

 

2024

  

2023

  

2022

 

 

  

Weighted-average

  

  

Weighted-average

  

  

Weighted-average

 

 

Shares

  

price

  

Shares

  

price

  

Shares

  

price

 

Outstanding at January 1

  284,954  $22.82   386,584  $19.18   492,889  $20.83 

Granted

  100,151  $25.29   137,019  $21.67   127,903  $24.83 

Exercised

  (66,592) $22.30   (201,795) $14.95   (193,821) $24.34 

Forfeited

  (25,118) $23.21   (36,854) $23.37   (40,387) $22.78 

Outstanding at December 31

  293,395  $23.75   284,954  $22.82   386,584  $19.18 

Exercisable(1)

  4,823  $23.56   5,954  $8.23   32,710  $10.46 

Vested or expected to vest

  293,395  $23.75   284,954  $22.82   386,584  $19.18 

 

Schedule of Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]

 

Year ended December 31,

 

 

2024

  

2023

  

2022

 

Exercised

 $0.9  $2.4  $1.3 

Outstanding

 $5.8  $2.3  $2.4 

Exercisable

 $0.1  $0.1  $0.5 

 ​

Schedule of Nonvested Share Activity [Table Text Block]

 

2024

  

2023

  

2022

 

 

  

Weighted-average

  

  

Weighted-average

  

  

Weighted-average

 

 

Shares

  

price

  

Shares

  

price

  

Shares

  

price

 

Unvested at January 1

  4,884,487  $29.86   5,641,839  $29.99   4,949,927  $26.42 

Granted

  1,996,676  $32.48   2,141,254  $27.08   3,581,420  $32.44 

Vested

  (2,647,424) $30.25   (2,669,197) $27.93   (2,733,825) $26.29 

Forfeited

  (136,067) $30.96   (229,409) $29.70   (155,683) $31.48 

Unvested at December 31

  4,097,672  $30.85   4,884,487  $29.86   5,641,839  $29.99 

 

2024

  

2023

  

2022

 

 

  

Weighted-average

  

  

Weighted-average

  

  

Weighted-average

 

 

Shares

  

price

  

Shares

  

price

  

Shares

  

price

 

Unvested at January 1

  276,537  $27.44   50,900  $29.38   258,024  $24.31 

Granted

  247,624  $32.12   333,389  $27.44   -  $- 

Adjustment to shares granted due to performance measures

  -  $-   -  $-   39,837  $24.55 

Vested

  -  $-   (50,900) $29.38   (246,961) $22.28 

Forfeited

  (8,441) $31.10   (56,852) $27.44   -  $- 

Unvested at December 31

  515,720  $29.63   276,537  $27.44   50,900  $29.38