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Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2024

Equity [Abstract]

Schedule of Share-based Incentive Compensation Expense

The table below shows our total share-based incentive compensation expense:

						Three Months Ended September 30,												Nine Months Ended September 30,
(In millions)						2024						2023						2024						2023
Total share-based incentive compensation expense(1)						$	8.5					$	12.1					$	24.4					$	32.3

(1)The amounts presented above do not include the expense related to our U.S. profit sharing contributions made in the form of our common stock. However, the amounts include the expense related to share-based awards that are settled in cash.

Schedule of Number of PSUs Granted and Grant Date Fair Value of PSUs

The target number of PSUs granted and the grant date fair value of the PSUs are shown in the following table:

						Adjusted EBITDA CAGR						ROIC
February 21, 2024 grant date
Number of units granted						50,340						50,340
Fair value on grant date (per unit)						$	41.09					$	41.09
March 1, 2024 grant date
Number of units granted						22,692						22,692
Fair value on grant date (per unit)						$	39.49					$	39.49
June 5, 2024 grant date
Number of units granted						3,269						3,269
Fair value on grant date (per unit)						$	42.08					$	42.08
July 1, 2024 grant date
Number of units granted						21,982						21,982
Fair value on grant date (per unit)						$	35.12					$	35.12
September 9, 2024 grant date
Number of units granted						1,642						1,642
Fair value on grant date (per unit)						$	32.78					$	32.78

Schedule of Assumptions Used to Calculate the Grant Date Fair Value

The assumptions used to calculate the grant date fair value of the PSUs are shown in the following table:

			Expected price volatility			Risk-free interest rate
February 21, 2024 grant date			31.7		%	4.4		%
March 1, 2024 grant date			31.9		%	4.3		%
June 5, 2024 grant date			33.4		%	4.5		%
July 1, 2024 grant date			33.5		%	4.6		%
September 9, 2024 grant date			34.0		%	3.6		%

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Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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