XML 31 R21.htm IDEA: XBRL DOCUMENT v3.26.1
Share-Based Compensation
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Share-Based Compensation Share-Based Compensation
Share-Based Awards Granted
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,
2026202520262025
Shares GrantedWeighted-average grant date fair value per shareShares GrantedWeighted-average grant date fair value per shareShares GrantedWeighted-average grant date fair value per share
Shares Granted(1)
Weighted-average grant date fair value per share
Restricted stock units0.3 $15.71 0.2 $6.48 0.9 $14.34 2.4 $6.20 
Performance based restricted share unit awards(2)
— $— — $— 0.7 $21.27 1.7 $8.57 
Total 0.3 0.2 1.6 4.1 
(1) Shares granted during fiscal year 2025 include awards granted to employees of our discontinued operations which will continue to vest in accordance with the original terms of the respective awards.
(2) Weighted-average grant date fair value per share determined using Monte-Carlo valuation method.
Share-Based Compensation Expense
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,
2026202520262025
Restricted stock units$3.0 $2.3 $6.0 $4.4 
Performance based restricted share unit awards 3.0 3.1 6.4 6.9 
Share-based compensation expense, before tax6.0 5.4 12.4 11.3 
Income tax benefit(1.4)(1.3)(3.0)(2.7)
Share-based compensation expense, after tax$4.6 $4.1 $9.4 $8.6 
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,
2026202520262025
Cost of sales$0.5 $0.5 $1.0 $0.8 
Selling, general and administrative expense5.4 4.8 11.2 10.3 
Research and development expense0.1 0.1 0.2 0.2 
Share-based compensation expense, before tax6.0 5.4 12.4 11.3 
Income tax benefit(1.4)(1.3)(3.0)(2.7)
Share-based compensation expense, after tax$4.6 $4.1 $9.4 $8.6