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STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2024

STOCKHOLDERS' EQUITY

Schedule of computation of diluted weighted average number of common shares outstanding

(in millions)		Three Months Ended June 30,								Six Months Ended June 30,
		2024				2023				2024				2023
Computation of diluted earnings:
Net income	$	83.1			$	86.1			$	109.3			$	106.2
Add: Interest expense from assumed conversion of convertible notes, net of tax		1.0				1.1				2.0				2.0
Net income for diluted earnings per share calculation	$	84.1			$	87.2			$	111.3			$	108.2
Computation of diluted weighted average shares outstanding:
Basic weighted average shares outstanding		45,429,998				49,637,589				45,623,470				49,724,478
Incremental shares from assumed exercise of stock options and vesting of restricted stock units		488,454				452,008				423,354				412,223
Incremental shares from assumed conversion of convertible debt		2,781,818				2,781,818				2,781,818				2,781,818
Diluted weighted average shares outstanding		48,700,270				52,871,415				48,828,642				52,918,519

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- Definition

Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- References

No definition available.

+ Details

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