XML 38 R27.htm IDEA: XBRL DOCUMENT v3.24.3

STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2024

STOCKHOLDERS' EQUITY

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

(in millions)		Three Months Ended September 30,								Nine Months Ended September 30,
		2024				2023				2024				2023
Computation of diluted earnings:
Net income	$	151.5			$	104.2			$	260.8			$	210.4
Add: Interest expense from assumed conversion of convertible notes, net of tax		1.1				1.1				3.2				3.1
Net income for diluted earnings per share calculation	$	152.6			$	105.3			$	264.0			$	213.5
Computation of diluted weighted average shares outstanding:
Basic weighted average shares outstanding		44,416,803				48,406,473				45,221,248				49,285,143
Incremental shares from assumed exercise of stock options and vesting of restricted stock units		355,985				282,312				418,479				379,331
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		47,554,606				51,470,603				48,421,545				52,446,292

X

- 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

+ Details

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

X

- References

No definition available.

+ Details

Name:	us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration