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Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2024

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 June 30,																		Six Months Ended June 30,
						2024									2023									2024									2023
						Shares Granted			Weighted-average grant date fair value per share						Shares Granted			Weighted-average grant date fair value per share						Shares Granted			Weighted-average grant date fair value per share						Shares Granted			Weighted-average grant date fair value per share
Restricted stock units						0.1			$	15.32					0.1			$	19.26					1.1			$	13.53					0.7			$	22.96
Performance based restricted share unit awards(1)						—			$	—					—			$	—					1.0			$	19.01					0.6			$	36.58
Total						0.1									0.1									2.1									1.3
(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

Share-based compensation expense by award-type, net of estimated forfeitures, recognized in the condensed consolidated statement of operations for the periods presented was (in millions):

						Three Months Ended June 30,												Six Months Ended June 30,
						2024						2023						2024						2023
Stock options						$	—					$	0.2					$	—					$	0.3
Restricted stock units						3.4						4.9						8.2						9.5
Restricted stock awards						—						0.1						—						0.3
Performance based restricted share unit awards						3.6						7.2						11.9						14.7
Cash-settled restricted stock						—						—						1.1						—
Share-based compensation expense, before tax						7.0						12.4						21.2						24.8
Income tax benefit						(1.7)						(3.0)						(5.1)						(6.0)
Share-based compensation expense, after tax						$	5.3					$	9.4					$	16.1					$	18.8

Share-based compensation, net of estimated forfeitures, recognized in the condensed consolidated statement of operations for the periods presented was (in millions):

						Three Months Ended June 30,												Six Months Ended June 30,
						2024						2023						2024						2023
Cost of products						$	0.4					$	0.5					$	0.9					$	0.9
Selling, general and administrative expense						6.5						11.0						18.9						21.8
Research and development expense						(0.1)						0.1						0.4						0.6
Other venue expense						0.2						0.8						1.0						1.5
Share-based compensation expense, before tax						7.0						12.4						21.2						24.8
Income tax benefit						(1.7)						(3.0)						(5.1)						(6.0)
Share-based compensation expense, after tax						$	5.3					$	9.4					$	16.1					$	18.8

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- References

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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
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

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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.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

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-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
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-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
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