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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The computation of basic and diluted earnings per share follows.
 Three Months Ended
September 30, 2023
Three Months Ended
September 30, 2022
 Income
(Loss)
Average
Shares
EPSIncome
(Loss)
Average
Shares
EPS
(in millions, except per share amounts)
Net income$35.5 $32.0 
Unvested restricted share participation(0.1)(0.1)
Net income per common share – basic35.4 48.7 $0.73 31.9 48.3 $0.66 
Effect of dilutive securities:
Nonparticipating unvested restricted shares 0.1 — 0.2 
Net income per common share – diluted$35.4 48.8 $0.72 $31.9 48.5 $0.66 
 Nine Months Ended
September 30, 2023
Nine Months Ended
September 30, 2022
 Income
(Loss)
Average
Shares
EPSIncome
(Loss)
Average
Shares
EPS
(in millions, except per share amounts)
Net income$132.1 $91.2 
Unvested restricted share participation(0.5)(0.4)
Net income per common share – basic131.6 48.5 $2.71 90.8 48.2 $1.88 
Effect of dilutive securities:
Nonparticipating unvested restricted shares 0.2  0.3 
Net income per common share – diluted$131.6 48.7 $2.70 $90.8 48.5 $1.87