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Earnings per Common Share (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Computation of Basic and Diluted Earnings per Share | The following table sets forth the computation of basic and diluted earnings per share for the periods presented:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 | 2023 |  | 2024 | 2023
Net income | $ | 55.5 |  | $ | 72.7 |  |  | $ | 173.9 |  | $ | 196.0 |
Weighted average common shares outstanding for basic earnings per share computation | 102,970,851 |  | 103,822,311 |  |  | 102,917,610 |  | 103,793,851 |
Dilutive effects of stock-based compensation | 262,767 |  | 4,116 |  |  | 207,449 |  | 30,425 |
Weighted average common shares outstanding for diluted earnings per common share computation | 103,233,618 |  | 103,826,427 |  |  | 103,125,059 |  | 103,824,276 |
Basic earnings per common share | $ | 0.54 |  | $ | 0.70 |  |  | $ | 1.69 |  | $ | 1.89 |
Diluted earnings per common share | 0.54 |  | 0.70 |  |  | 1.69 |  | 1.89 |
Anti-dilutive unvested time restricted stock | 5,841 |  | 162,231 |  |  | 47,854 |  | 162,231 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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