Earnings per share basic and diluted.

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- Definition

Amount of common stock allocated to investors to buy shares of a new issue of common stock before they are offered to the public. When stock is sold on a subscription basis, the issuer does not initially receive the total proceeds. In general, the issuer does not issue the shares to the investor until it receives the entire proceeds.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Basic and Diluted Net Income per Share - Schedule of Calculation of Basic and Diluted Net Income per Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Earnings Per Share Basic and Diluted [Line Items]
Net income	$ 72.2	$ 54.5	$ 28.5	$ 46.5	$ 36.8	$ 20.4	$ 155.2	$ 103.7
Less: Net income attributable to noncontrolling interests	(18.4)			(13.9)			(41.6)	(31.2)
Adjustment to net income attributable to common stockholders	(0.4)			0.0			(1.1)	0.0
Net income attributable to common stockholders - basic	53.4			32.6			112.5	72.5
Reallocation of net income from noncontrolling interests to common stockholders due to effect of dilutive securities	14.2			0.2			32.1	0.5
Net income attributable to common stockholders - diluted	$ 67.6			$ 32.8			$ 144.6	$ 73.0
Net income per share - Diluted:
Common stock, shares subscribed but unissued (in shares)	1,253,470			288,731			1,253,470	288,731
Class A common stock
Earnings Per Share Basic and Diluted [Line Items]
Net income attributable to common stockholders - basic	$ 52.1			$ 31.6			$ 109.7	$ 70.0
Reallocation of net income from noncontrolling interests to common stockholders due to effect of dilutive securities	14.2			0.2			32.2	0.5
Net income attributable to common stockholders - diluted	$ 66.3			$ 31.8			$ 141.9	$ 70.5
Denominator:
Weighted average shares of common stock outstanding, basic (in shares)	66,791,329			56,537,008			65,230,377	56,233,959
Weighted average shares of common stock outstanding, diluted (in shares)	89,356,938			57,673,083			89,514,680	57,697,393
Net income per share - Basic:
Net income per share - basic (in dollars per share)	$ 0.78			$ 0.56			$ 1.68	$ 1.24
Net income per share - Diluted:
Net income per share - diluted (in dollars per share)	$ 0.74			$ 0.55			$ 1.59	$ 1.22
Class A common stock \| LLC Interests
Denominator:
Effect of dilutive securities (in shares)	21,216,195			0			22,953,032	0
Class A common stock \| RSUs
Denominator:
Effect of dilutive securities (in shares)	1,349,414			873,107			1,331,271	1,200,466
Class A common stock \| Contingent shares
Denominator:
Effect of dilutive securities (in shares)	0			262,968			0	262,968
Class C common stock
Earnings Per Share Basic and Diluted [Line Items]
Net income attributable to common stockholders - basic	$ 1.3			$ 1.0			$ 2.8	$ 2.5
Reallocation of net income from noncontrolling interests to common stockholders due to effect of dilutive securities	0.0			0.0			(0.1)	0.0
Net income attributable to common stockholders - diluted	$ 1.3			$ 1.0			$ 2.7	$ 2.5
Denominator:
Weighted average shares of common stock outstanding, basic (in shares)	1,659,314			1,759,273			1,681,264	2,019,063
Weighted average shares of common stock outstanding, diluted (in shares)	1,659,314			1,759,273			1,681,264	2,019,063
Net income per share - Basic:
Net income per share - basic (in dollars per share)	$ 0.78			$ 0.56			$ 1.68	$ 1.24
Net income per share - Diluted:
Net income per share - diluted (in dollars per share)	$ 0.74			$ 0.55			$ 1.59	$ 1.22