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Equity (Tables)

12 Months Ended

Dec. 31, 2024

Table Text Block Supplement [Abstract]

Restricted Shares Issued in Conjunction with Stock Plan

Time Restricted Shares issued in the years ended 2022, 2023, and 2024 in conjunction with the Stock Plan are presented in the following table:

Issuance Date		Shares		Aggregate Market Value (millions)
1/25/22		36,770		$1.7
1/24/23		18,770		$1.0
1/30/24		22,680		$1.1

Issuance Date		Shares		Aggregate Market Value (millions)
1/24/23		18,770		$1.0
1/30/24		22,680		$1.1

Restricted Stock Units Issued

The equity portion of Restricted Stock Units activity during 2024 and 2023 in conjunction with the Stock Plan are presented in the following table:

Restricted Stock Units (Equity Portion)
		2024								2023
		Units				Weighted Average Stock Price				Units				Weighted Average Stock Price
Beginning Restricted Stock Units			33,375			$	42.73				43,799			$	40.17
Restricted Stock Units Granted			2,215			$	60.02				2,646			$	42.31
Dividend Equivalents Earned			1,046			$	55.77				1,442			$	50.53
Restricted Stock Units Settled			—			$	—				(14,512	)		$	35.69
Ending Restricted Stock Units			36,636			$	44.15				33,375			$	42.73

Reconciliation of Basic and Diluted Earnings Per Share

The following table reconciles basic and diluted earnings per share (EPS).

(Millions except shares and per share data)		2024				2023				2022
Earnings Available to Common Shareholders		$	47.1			$	45.2			$	41.4
Weighted Average Common Shares Outstanding—Basic (000’s)			16,098				16,045				15,991
Plus: Diluted Effect of Incremental Shares (000’s)			11				8				5
Weighted Average Common Shares Outstanding—Diluted (000’s)			16,109				16,053				15,996
Earnings per Share—Basic and Diluted		$	2.93			$	2.82			$	2.59

Weighted Average Non Vested Restricted Shares Excluded from Computation of Earnings Per Share

The following table shows the number of weighted average non-vested restricted shares that were not included in the above computation of EPS because the effect would have been antidilutive.

		2024				2023				2022
Weighted Average Non-Vested Restricted Shares Not Included in EPS Computation			6,675				12,204				12,086

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