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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2022   43,593,809        
Beginning balance at Dec. 31, 2022 $ 2,903.5 $ 0.4 $ 1,281.4 $ 2,610.1 $ (1,063.0) $ 74.4
Treasury stock, beginning balance (in shares) at Dec. 31, 2022         22,024,479  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 181.4     181.4    
Change in fair value of cash flow swaps, net of reclassification adjustment (14.6)         (14.6)
Unrealized gain on changes in fair value of debt securities, net of reclassification adjustment and tax expense 2.0         2.0
Comprehensive income 168.7     181.4   (12.6)
Share-based compensation 8.6   8.6      
Issuance of common stock, net of forfeitures in connection with share-based payment arrangements (in shares)   120,575        
Shares repurchased (in shares)         110,323  
Share repurchases (20.7)       $ (20.7)  
Repurchase of common stock associated with net share settlements of employee share-based awards (in shares)         45,613  
Repurchase of common stock associated with net share settlement of employee share-based awards (10.9)       $ (10.9)  
Retirement of common stock (in shares)   (164,527)     (164,527)  
Retirement of common stock 0.0   (2.0) (28.2) $ 30.2  
Ending balance (in shares) at Mar. 31, 2023   43,549,857        
Ending balance at Mar. 31, 2023 3,049.2 $ 0.4 1,288.0 2,763.3 $ (1,064.3) 61.8
Treasury stock, ending balance (in shares) at Mar. 31, 2023         22,015,888  
Beginning balance (in shares) at Dec. 31, 2022   43,593,809        
Beginning balance at Dec. 31, 2022 2,903.5 $ 0.4 1,281.4 2,610.1 $ (1,063.0) 74.4
Treasury stock, beginning balance (in shares) at Dec. 31, 2022         22,024,479  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 377.7          
Comprehensive income $ 374.7          
Shares repurchased (in shares) 1,070,126          
Ending balance (in shares) at Jun. 30, 2023   42,591,097        
Ending balance at Jun. 30, 2023 $ 3,068.6 $ 0.4 1,282.0 2,781.1 $ (1,066.4) 71.4
Treasury stock, ending balance (in shares) at Jun. 30, 2023         22,016,267  
Beginning balance (in shares) at Mar. 31, 2023   43,549,857        
Beginning balance at Mar. 31, 2023 3,049.2 $ 0.4 1,288.0 2,763.3 $ (1,064.3) 61.8
Treasury stock, beginning balance (in shares) at Mar. 31, 2023         22,015,888  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 196.4     196.4    
Change in fair value of cash flow swaps, net of reclassification adjustment 12.8         12.8
Unrealized gain on changes in fair value of debt securities, net of reclassification adjustment and tax expense (3.2)         (3.2)
Comprehensive income 206.0     196.4   9.6
Share-based compensation $ 5.5   5.5      
Issuance of common stock, net of forfeitures in connection with share-based payment arrangements (in shares)   1,043        
Shares repurchased (in shares) 959,803       959,803  
Share repurchases $ (192.1)       $ (192.1)  
Repurchase of common stock associated with net share settlements of employee share-based awards (in shares)         379  
Repurchase of common stock associated with net share settlement of employee share-based awards (0.1)       $ (0.1)  
Retirement of common stock (in shares)   (959,803)     (959,803)  
Retirement of common stock 0.0   (11.6) (178.5) $ 190.1  
Ending balance (in shares) at Jun. 30, 2023   42,591,097        
Ending balance at Jun. 30, 2023 3,068.6 $ 0.4 1,282.0 2,781.1 $ (1,066.4) 71.4
Treasury stock, ending balance (in shares) at Jun. 30, 2023         22,016,267  
Beginning balance (in shares) at Dec. 31, 2023   42,352,001        
Beginning balance at Dec. 31, 2023 $ 3,244.1 $ 0.4 1,288.4 2,961.5 $ (1,067.3) 61.1
Treasury stock, beginning balance (in shares) at Dec. 31, 2023 22,018,537       22,018,537  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 147.1     147.1    
Change in fair value of cash flow swaps, net of reclassification adjustment 7.5         7.5
Unrealized gain on changes in fair value of debt securities, net of reclassification adjustment and tax expense (2.2)         (2.2)
Comprehensive income 152.4     147.1   5.3
Share-based compensation 10.5   10.5      
Issuance of common stock, net of forfeitures in connection with share-based payment arrangements (in shares)   123,845        
Shares repurchased (in shares)         239,790  
Share repurchases (50.4)       $ (50.4)  
Repurchase of common stock associated with net share settlements of employee share-based awards (in shares)         45,399  
Repurchase of common stock associated with net share settlement of employee share-based awards (9.8)       $ (9.8)  
Retirement of common stock (in shares)   (239,790)     (239,790)  
Retirement of common stock 0.0   (2.9) (47.1) $ 50.0  
Ending balance (in shares) at Mar. 31, 2024   42,236,056        
Ending balance at Mar. 31, 2024 3,346.9 $ 0.4 1,296.1 3,061.5 $ (1,077.5) 66.4
Treasury stock, ending balance (in shares) at Mar. 31, 2024         22,063,936  
Beginning balance (in shares) at Dec. 31, 2023   42,352,001        
Beginning balance at Dec. 31, 2023 $ 3,244.1 $ 0.4 1,288.4 2,961.5 $ (1,067.3) 61.1
Treasury stock, beginning balance (in shares) at Dec. 31, 2023 22,018,537       22,018,537  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income $ 175.2          
Comprehensive income $ 178.8          
Shares repurchased (in shares) 432,389          
Ending balance (in shares) at Jun. 30, 2024   42,044,298        
Ending balance at Jun. 30, 2024 $ 3,330.7 $ 0.4 1,299.5 3,048.7 $ (1,082.5) 64.7
Treasury stock, ending balance (in shares) at Jun. 30, 2024 22,064,198       22,064,198  
Beginning balance (in shares) at Mar. 31, 2024   42,236,056        
Beginning balance at Mar. 31, 2024 $ 3,346.9 $ 0.4 1,296.1 3,061.5 $ (1,077.5) 66.4
Treasury stock, beginning balance (in shares) at Mar. 31, 2024         22,063,936  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 28.1     28.1    
Change in fair value of cash flow swaps, net of reclassification adjustment (0.4)         (0.4)
Unrealized gain on changes in fair value of debt securities, net of reclassification adjustment and tax expense (1.3)         (1.3)
Comprehensive income 26.4     28.1   (1.7)
Share-based compensation $ 5.7   5.7      
Issuance of common stock, net of forfeitures in connection with share-based payment arrangements (in shares)   841        
Shares repurchased (in shares) 192,599       192,599  
Share repurchases $ (48.2)       $ (48.2)  
Repurchase of common stock associated with net share settlements of employee share-based awards (in shares)         262  
Repurchase of common stock associated with net share settlement of employee share-based awards (0.1)       $ (0.1)  
Retirement of common stock (in shares)   (192,599)     (192,599)  
Retirement of common stock 0.0   (2.3) (40.9) $ 43.2  
Ending balance (in shares) at Jun. 30, 2024   42,044,298        
Ending balance at Jun. 30, 2024 $ 3,330.7 $ 0.4 $ 1,299.5 $ 3,048.7 $ (1,082.5) $ 64.7
Treasury stock, ending balance (in shares) at Jun. 30, 2024 22,064,198       22,064,198