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Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Schedule of Stock by Class
The Company has three classes of common stock as follows (share data in millions):
Issued Common Stock
Authorized SharesOutstandingTreasuryTotal Issued Shares
Class A stock ($0.025 par value)
September 30, 2020105.0 40.2 0.2 40.4 
December 31, 2019105.0 39.2 1.1 40.3 
Class B stock ($0.025 par value)
September 30, 202080.0 13.5 — 13.5 
December 31, 201980.0 13.5 — 13.5 
Class C stock ($0.025 par value)
September 30, 202020.0 — 0.5 0.5 
December 31, 201920.0 — 0.5 0.5 
Schedule of Dividend Activity Related to the Outstanding Shares The dividend activity related to the then outstanding shares for the nine months ended September 30, 2020 and 2019, was as follows:
Declaration DateRecord DatePayment DateDividend Amount
per Share
2020
Q1 DividendFebruary 18, 2020February 28, 2020March 9, 2020$0.15 
2019
Q3 DividendJuly 30, 2019August 19, 2019September 6, 20190.30 
Q2 DividendApril 30, 2019May 20, 2019June 7, 20190.30 
Q1 DividendFebruary 19, 2019February 25, 2019March 8, 20190.30