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Net Income Per Common Share | 3 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
Net Income Per Common Share | Note 2 — Net Income Per Common Share
|  | Quarter Ended March 31, |
(In millions, except per share data) |  | 2025 |  |  | 2024 |
Basic net income per common share: |  |  |  |  |  |
Net income |  | $ | 28.9 |  |  | $ | 36.5 |
Weighted average common shares outstanding |  |  | 81.1 |  |  |  | 83.9 |
Basic net income per common share |  | $ | 0.36 |  |  | $ | 0.44 |
Diluted net income per common share: |  |  |  |  |  |
Net income |  | $ | 28.9 |  |  | $ | 36.5 |
Weighted average common shares outstanding — Basic |  |  | 81.1 |  |  |  | 83.9 |
Plus incremental shares from assumed conversions: |  |  |  |  |  |
Restricted stock units |  |  | 0.4 |  |  |  | 0.5 |
Stock options |  |  | 0.2 |  |  |  | 0.4 |
Weighted average common shares outstanding — Dilutive |  |  | 81.7 |  |  |  | 84.8 |
Diluted net income per common share |  | $ | 0.35 |  |  | $ | 0.43 |
Total common stock equivalents of 1.1 million and 0.4 million were excluded from the computation of diluted net income per share for the three months ended March 31, 2025 and 2024, respectively, because to include would have been anti-dilutive.

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