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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Summary of Earnings Per Share

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to common stockholders

 

$

28.9

 

 

$

32.3

 

 

$

62.1

 

 

$

68.8

 

Denominator (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

24,868

 

 

 

24,805

 

 

 

24,835

 

 

 

24,798

 

Dilutive effect of stock options and awards

 

 

112

 

 

 

166

 

 

 

175

 

 

 

169

 

Denominator for diluted earnings per share

 

 

24,980

 

 

 

24,971

 

 

 

25,010

 

 

 

24,967

 

Net income per share, basic:

 

$

1.16

 

 

$

1.30

 

 

$

2.50

 

 

$

2.77

 

Net income per share, diluted:

 

$

1.16

 

 

$

1.29

 

 

$

2.48

 

 

$

2.76