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Net Income Per Common Share Computations (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following is a reconciliation of the numerator and denominator of the net income per common share computations:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in millions, except per share data) | 2024 |  | 2023 |  | 2024 |  | 2023
Numerator for basic and diluted net income per common share: |  |  |  |  |  |  |
Net income attributable to Churchill Downs Incorporated | $ | 65.4 |  |  | $ | 61.0 |  |  | $ | 355.1 |  |  | $ | 359.7 |
Adjustments related to redeemable noncontrolling interest | (1.0) |  |  | — |  |  | (1.8) |  |  | — |
Net income attributable to common shareholders | $ | 64.4 |  |  | $ | 61.0 |  |  | $ | 353.3 |  |  | $ | 359.7 |
Denominator for net income per common share: |  |  |  |  |  |  |
Basic | 73.9 |  |  | 75.2 |  |  | 74.0 |  |  | 75.3 |
Plus dilutive effect of stock awards | 0.7 |  |  | 1.9 |  |  | 0.6 |  |  | 1.4 |
Diluted | 74.6 |  |  | 77.1 |  |  | 74.6 |  |  | 76.7 |
Net income per common share data: |  |  |  |  |  |  |
Basic net income | $ | 0.87 |  |  | $ | 0.81 |  |  | $ | 4.78 |  |  | $ | 4.78 |
Diluted net income | $ | 0.86 |  |  | $ | 0.79 |  |  | $ | 4.73 |  |  | $ | 4.69 |

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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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