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Net Income Per Common Share Computations | 3 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
Net Income Per Common Share Computations | 14. NET INCOME PER COMMON SHARE COMPUTATIONS The following is a reconciliation of the numerator and denominator of the net income per common share computations:
| Three Months Ended March 31, |
(in millions, except per share data) | 2025 |  | 2024 |
Numerator for basic and diluted net income per common share: |  |  |  |
Net income attributable to Churchill Downs Incorporated | $ | 76.7 |  |  | $ | 80.4 |  |
Adjustments related to redeemable noncontrolling interest | 1.2 |  |  | — |  |
Net income attributable to common shareholders | $ | 75.5 |  |  | $ | 80.4 |  |
Denominator for net income per common share: |  |  |  |
Basic | 73.7 |  |  | 74.1 |  |
Plus dilutive effect of stock awards | 0.7 |  |  | 0.6 |  |
Diluted | 74.4 |  |  | 74.7 |  |
Net income per common share data: |  |  |  |
Basic net income | $ | 1.02 |  |  | $ | 1.09 |  |
Diluted net income | $ | 1.02 |  |  | $ | 1.08 |  |

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