XML 20 R10.htm IDEA: XBRL DOCUMENT
v3.22.2

EARNINGS PER SHARE | 6 Months Ended
--- | ---
Jun. 30, 2022
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE
(in millions, except per share data) | Three Months Ended June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Income (loss) from continuing operations | $ | 74.1 |  |  | $ | 72.3 |  |  | $ | 126.4 |  |  | $ | 112.0 |
Gain (loss) on disposition of discontinued operations – net of tax | — |  |  | 1.6 |  |  | (0.4) |  |  | 2.0 |
Net income (loss) | $ | 74.1 |  |  | $ | 73.9 |  |  | $ | 126.0 |  |  | $ | 114.0 |
Basic shares: |  |  |  |  |  |  |
Weighted average shares outstanding | 68.9 |  |  | 69.8 |  |  | 69.3 |  |  | 69.7 |
Earnings (loss) per share – basic: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 1.08 |  |  | $ | 1.04 |  |  | $ | 1.82 |  |  | $ | 1.61 |
Gain (loss) on disposition of discontinued operations – net of tax | — |  |  | 0.02 |  |  | — |  |  | 0.03 |
Net income (loss) | $ | 1.08 |  |  | $ | 1.06 |  |  | $ | 1.82 |  |  | $ | 1.64 |
Diluted shares: |  |  |  |  |  |  |
Weighted average shares outstanding – basic | 68.9 |  |  | 69.8 |  |  | 69.3 |  |  | 69.7 |
Effect of dilutive securities: |  |  |  |  |  |  |
Restricted stock awards | 0.4 |  |  | 1.1 |  |  | 0.8 |  |  | 1.2 |
Diluted weighted average shares outstanding | 69.3 |  |  | 70.9 |  |  | 70.1 |  |  | 70.9 |
Earnings (loss) per share – diluted: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 1.07 |  |  | $ | 1.02 |  |  | $ | 1.80 |  |  | $ | 1.58 |
Gain (loss) on disposition of discontinued operations – net of tax | — |  |  | 0.02 |  |  | — |  |  | 0.03 |
Net income (loss) | $ | 1.07 |  |  | $ | 1.04 |  |  | $ | 1.80 |  |  | $ | 1.61 |
Non-vested restricted stock awards and restricted stock units (“Restricted Stock Awards”) granted by the Company are treated as potential common shares outstanding in computing diluted earnings per share using the treasury stock method. Weighted average Restricted Stock Awards of approximately 0.9 million and 0.1 million were outstanding during the three months ended June 30, 2022 and 2021, respectively, but were not included in the computation of diluted shares as the effect would be anti-dilutive or performance targets were not expected to be achieved for awards contingent upon performance. Weighted average Restricted Stock Awards of approximately 0.6 million and 0.1 million were outstanding during the six months ended June 30, 2022 and 2021, respectively, but were not included in the computation of diluted shares as the effect would be anti-dilutive or performance targets were not expected to be achieved for awards contingent upon performance.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration