Earnings Per Share

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The following table reconciles the numerator and denominator used to calculate basic and diluted EPS:

	Year Ended December 31,
	2021		2020		2019
	(In millions, except per share amounts)
Numerator:
Net income	$	143.7	$	137.7	$	141.0
Income allocated to participating securities	(0.9)		(1.7)		(2.6)
Net income for basic and diluted EPS	$	142.8	$	136.0	$	138.4
Denominator:
Basic weighted average shares	79.2		77.4		77.2
Effect of:
21/4% Notes	2.4		4.5		4.4
Awards issued under equity plans	0.1		—		0.1
Diluted weighted average shares	81.7		81.9		81.7
Basic EPS	$	1.80	$	1.76	$	1.79
Diluted EPS	$	1.75	$	1.66	$	1.69

Securities which would have been anti-dilutive are insignificant and are excluded from the computation of diluted earnings per share in all periods presented.