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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings (Loss) Per Share

The following is a reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings per

share available to common stockholders:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2023		2024		2023		2024
Numerator
Net income (controlling interest)	$125.3		$76.0		$259.8		$225.8
Income from hypothetical settlement of Redeemable non-controlling interests, net of taxes	8.2		0.3		4.5		0.7
Interest expense on junior convertible securities, net of taxes	3.4		3.4		6.7		6.7
Net income (controlling interest), as adjusted	$136.9		$79.7		$271.0		$233.2
Denominator
Average shares outstanding (basic)	35.9		31.5		35.9		32.1
Effect of dilutive instruments:
Stock options and restricted stock units	1.7		1.9		1.8		1.9
Hypothetical issuance of shares to settle Redeemable non-controlling interests	2.8		0.2		0.8		0.3
Junior convertible securities	1.7		1.7		1.7		1.7
Average shares outstanding (diluted)	42.1		35.3		40.2		36.0

Schedule of Shares Excluded from Calculation of Basic and Diluted Earnings (Loss) Per Share

The following

is a summary of items excluded from the denominator in the table above:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2023		2024		2023		2024
Stock options and restricted stock units	0.2		0.2		0.3		0.3
Shares issuable to settle Redeemable non-controlling interests	2.5		3.9		3.8		3.8

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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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

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