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Earnings Per Share - Schedule of Computation of Basic and Diluted Net Income Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
[2]
Jun. 30, 2025
[2]
Jun. 30, 2024
[2]
Numerator:        
Net income available to common shareholders [1] $ 23.2 $ 18.9 $ 44.8 $ 37.1
Denominator – Weighted-average common shares outstanding (in thousands):        
Basic 16,160 16,072 [3] 16,138 16,050 [3]
Add: dilutive effect of non-vested common shares, restricted stock units and performance shares [4] 319 326 319 271
Diluted 16,479 16,398 [3] 16,457 16,321 [3]
Net income per common share, Basic: $ 1.44 $ 1.18 [3] $ 2.77 $ 2.31 [3]
Net income per common share, Diluted: $ 1.41 $ 1.15 [3] $ 2.72 $ 2.27 [3]
[1] Represents Net income less distributed and undistributed earnings allocated to non-vested restricted stock awards that contain non-forfeitable rights to dividends.
[2] Adjusted to reflect the retrospective change in inventory valuation methodology from LIFO to WAC. See Note 14 for further discussion.
[3] Adjusted to reflect the retrospective change in inventory valuation methodology from LIFO to WAC. See Note 14 for further discussion.
[4] Quantities in the following discussion are denoted in whole shares. During the quarter and six months ended June 30, 2025 approximately 565 and 241 shares, respectively, were excluded from the weighted-average diluted shares computation as their inclusion would have been anti‑dilutive. For the quarter and six months ended June 30, 2024, approximately 170 and 370 shares, respectively, were excluded from the weighted-average diluted shares computation as their inclusion would have been anti‑dilutive.