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

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to common stockholders

 

$

39.2

 

 

$

38.7

 

 

$

101.3

 

 

$

107.5

 

Denominator (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

24,866

 

 

 

24,786

 

 

 

24,845

 

 

 

24,794

 

Dilutive effect of stock options and awards

 

 

140

 

 

 

179

 

 

 

155

 

 

 

182

 

Denominator for diluted earnings per share

 

 

25,006

 

 

 

24,965

 

 

 

25,000

 

 

 

24,976

 

Net income per share, basic:

 

$

1.58

 

 

$

1.56

 

 

$

4.08

 

 

$

4.34

 

Net income per share, diluted:

 

$

1.57

 

 

$

1.55

 

 

$

4.05

 

 

$

4.30