XML 44 R28.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

EARNINGS PER SHARE (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Earnings Per Share [Abstract] |
Schedule of Calculation of Earnings Per Share | The following table sets forth the calculation of EPS (in millions, except share and per share data):
|  | Three Months Ended March 31, |  |
|  | 2024 |  | 2023 |  |  |  |
Weighted average basic common shares outstanding |  | 13,328,721 |  |  | 13,861,289 |  |  |  |  |
Dilutive effect of stock-based awards and employee stock purchases |  | 60,048 |  |  | 53,438 |  |  |  |  |
Weighted average dilutive common shares outstanding |  | 13,388,769 |  |  | 13,914,727 |  |  |  |  |
Basic: |  |  |  |  |  |  |  |
Net income |  | $ | 147.9 |  |  | $ | 158.4 |  |  |  |  |
Less: Earnings allocated to participating securities from continuing operations |  | 3.3 |  |  | 4.1 |  |  |  |  |
Less: Earnings (loss) allocated to participating securities from discontinued operations |  | — |  |  | — |  |  |  |  |
Net income available to basic common shares |  | $ | 144.5 |  |  | $ | 154.4 |  |  |  |  |
Basic earnings per common share |  | $ | 10.84 |  |  | $ | 11.14 |  |  |  |  |
Diluted: |  |  |  |  |  |  |  |
Net income |  | $ | 147.9 |  |  | $ | 158.4 |  |  |  |  |
Less: Earnings allocated to participating securities from continuing operations |  | 3.3 |  |  | 4.1 |  |  |  |  |
Less: Earnings (loss) allocated to participating securities from discontinued operations |  | — |  |  | — |  |  |  |  |
Net income available to diluted common shares |  | $ | 144.6 |  |  | $ | 154.4 |  |  |  |  |
Diluted earnings per common share |  | $ | 10.80 |  |  | $ | 11.10 |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration