Net Income Per Common Share

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Net Income Per Common Share

Note 14 — Net Income Per Common Share

Computations of basic and diluted net income per common share for the years ended December 31, 2022, 2021 and 2020, are as follows:

(In millions, except per share data)	2022		2021		2020
Basic net income per common share:
Net income	$	126.3	$	16.1	$	31.7
Weighted average common shares outstanding		84.4		84.1		83.8
Basic net income per common share	$	1.50	$	0.19	$	0.38
Diluted net income per common share:
Weighted average common shares outstanding — Basic		84.4		84.1		83.8
Plus incremental shares from assumed conversions:
Restricted stock units		0.4		0.3		0.1
Stock options		0.2		0.2		0.1
Weighted average common shares outstanding — Dilutive		85.0		84.6		84.0
Dilutive net income per common share	$	1.49	$	0.19	$	0.38
Anti-dilutive shares outstanding, excluded from computation		0.8		0.6		0.9