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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share

The computation of basic and diluted earnings per share is as follows:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

(in millions, except per share amounts)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to the Company

 

$

138.5

 

 

$

108.8

 

 

$

184.4

 

 

$

206.7

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares

 

 

104.3

 

 

 

107.9

 

 

 

104.4

 

 

 

109.1

 

Effect of dilutive restricted stock units (“RSUs”)

 

 

0.2

 

 

 

0.2

 

 

 

0.2

 

 

 

0.3

 

Diluted weighted-average shares

 

 

104.5

 

 

 

108.1

 

 

 

104.6

 

 

 

109.4

 

Net income per share attributable to the Company’s
   stockholders

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.33

 

 

$

1.01

 

 

$

1.77

 

 

$

1.89

 

Diluted

 

$

1.33

 

 

$

1.01

 

 

$

1.76

 

 

$

1.89