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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2025
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,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

Computation of diluted earnings:

 

 

 

 

 

 

 

 

 

 

 

Net income

$

122.0

 

$

151.5

 

$

258.0

 

$

260.8

Add: Interest expense from assumed conversion of convertible notes, net of tax

 

1.0

 

 

1.1

 

 

2.1

 

 

3.2

Net income for diluted earnings per share calculation

$

123.0

 

$

152.6

 

$

260.1

 

$

264.0

 

 

 

 

 

 

 

 

 

 

 

 

Computation of diluted weighted average shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

40,331,347

 

 

44,416,803

 

 

42,109,970

 

 

45,221,248

Incremental shares from assumed exercise of stock options and vesting of restricted stock units

 

366,087

 

 

355,985

 

 

350,510

 

 

418,479

Incremental shares from assumed conversion of convertible debt

 

4,112,023

 

 

2,781,818

 

 

2,114,048

 

 

2,781,818

Diluted weighted average shares outstanding

 

44,809,457

 

 

47,554,606

 

 

44,574,528

 

 

48,421,545