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Earnings Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share

Note 10 – 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 data)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to the Company

 

$

146.1

 

 

$

116.0

 

 

$

220.3

 

 

$

162.7

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares

 

 

103.5

 

 

 

104.1

 

 

 

103.7

 

 

 

104.1

 

Effect of dilutive restricted stock units (“RSUs”) and
   performance restricted stock units (“PRSUs”)

 

 

0.3

 

 

 

0.2

 

 

 

0.3

 

 

 

0.3

 

Diluted weighted-average shares

 

 

103.8

 

 

 

104.3

 

 

 

104.0

 

 

 

104.4

 

Net income per share attributable to the Company’s
   stockholders

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.41

 

 

$

1.11

 

 

$

2.12

 

 

$

1.56

 

Diluted

 

$

1.41

 

 

$

1.11

 

 

$

2.12

 

 

$

1.56

 

For the three and six months ended June 30, 2025, 29 thousand and 20 thousand PRSUs, respectively, were excluded from diluted weighted-average common shares outstanding due to their antidilutive effect. For the three and six months ended June 30, 2024, 11 thousand and 27 thousand RSUs, respectively, were excluded from diluted weighted-average common shares outstanding due to their antidilutive effect.