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Share-Based Compensation (Tables) | 3 Months Ended
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Mar. 31, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of Share-Based Payment Arrangement Activity | We granted the following awards under our stock compensation plans during the periods presented (in millions, except per share data):
|  | Three Months Ended March 31, |  |
|  | 2023 |  | 2022 |  |  |  |
|  | Shares Granted | Weighted-average grant date fair value per share |  | Shares Granted | Weighted-average grant date fair value per share |  |  |  |
Restricted stock units |  | 0.6 |  | $ | 23.46 |  |  | 0.5 |  | $ | 23.43 |  |  |  |  |
Performance based restricted share unit awards (1) |  | 0.6 |  | $ | 36.58 |  |  | 0.6 |  | $ | 30.73 |  |  |  |  |
(1) Weighted-average grant date fair value per share determined using Monte-Carlo valuation method. |  |  |  |
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs | The table below summarizes total share-based compensation expense, net of estimated forfeitures, by award-type recognized in the condensed consolidated statement of operations for the periods presented (in millions):
|  | Three Months Ended March 31, |  |
|  | 2023 |  | 2022 |  |  |  |
Stock options |  | $ | 0.1 |  |  | $ | 0.4 |  |  |  |  |
Restricted stock units |  | 4.6 |  |  | 4.1 |  |  |  |  |
Restricted stock awards |  | 0.2 |  |  | 0.4 |  |  |  |  |
Performance based restricted share unit awards |  | 7.5 |  |  | 8.9 |  |  |  |  |
Total cost of share-based compensation included in income, before income tax |  | 12.4 |  |  | 13.8 |  |  |  |  |
Income tax benefit |  | (3.0) |  |  | (3.3) |  |  |  |  |
Total cost of share-based compensation, after tax |  | $ | 9.4 |  |  | $ | 10.5 |  |  |  |  |
The table below summarizes total share-based compensation expense, net of estimated forfeitures, recognized for stock options, restricted stock awards, restricted stock units and performance-based restricted stock unit awards in the condensed consolidated statement of operations for the periods presented (in millions):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2023 |  | 2022
Cost of products |  |  |  |  | $ | 0.4 |  |  | $ | 0.5 |
Selling, general and administrative expenses |  |  |  |  | 10.8 |  |  | 12.8 |
Research and development expenses |  |  |  |  | 0.5 |  |  | 0.4 |
Other venue expenses |  |  |  |  | 0.7 |  |  | 0.1 |
Total cost of share-based compensation included in income, before income tax |  |  |  |  | 12.4 |  |  | 13.8 |
Income tax benefit |  |  |  |  | (3.0) |  |  | (3.3) |
Total cost of share-based compensation, after tax |  |  |  |  | $ | 9.4 |  |  | $ | 10.5 |

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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