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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Components of Income Taxes

The provision for income taxes consists of the following (in millions):

						Year Ended December 31,
						2024						2023						2022
Current:
Federal						$	19.2					$	34.8					$	44.4
State						7.3						11.8						15.8
Foreign						6.9						5.0						4.9
						33.4						51.6						65.1
Deferred:
Federal and State						31.8						28.5						31.6
Foreign						(0.3)						(1.7)						—
						31.5						26.8						31.6
						$	64.9					$	78.4					$	96.7

Income (Loss) before Income Tax Provision

Income from continuing operations before income taxes consists of the following (in millions): 

						Year Ended December 31,
						2024						2023						2022
United States						$	222.1					$	283.5					$	347.6
Foreign						18.0						14.2						16.0
						$	240.1					$	297.7					$	363.6

Schedule of Deferred Tax Assets and Liabilities

The components of deferred tax (liabilities) assets are as follows (in millions):

						December 31,
						2024						2023
Intangibles						$	(215.6)					$	(185.3)
Depreciation expense						(4.6)						(7.2)
Operating lease right-of-use assets						(15.1)						(15.2)
Operating lease liabilities						16.0						15.9
Allowance for doubtful accounts						1.4						1.2
Employee-related accruals						15.8						17.5
Stock-based compensation						10.0						11.8
Other						4.6						5.3
						$	(187.5)					$	(156.0)

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation between the amount computed by applying the U.S. federal statutory tax rate of 21 percent to income before income taxes and the income tax provision is as follows (in millions):

						Year Ended December 31,
						2024						2023						2022
Income tax provision at the statutory rate						$	50.4					$	62.5					$	76.3
State income taxes, net of federal benefit						9.9						13.6						17.3
Nondeductible executive compensation						1.9						4.2						5.4
Disallowed meals and entertainment expenses						1.1						1.2						0.5
Excess stock-based compensation benefit						0.2						(2.6)						(3.5)
Work opportunity tax credit						(1.7)						(1.8)						(2.1)
Other						3.1						1.3						2.8
						$	64.9					$	78.4					$	96.7

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(1)(Note 1))
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