Net Income Per Common Share

12 Months Ended

Dec. 31, 2023

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, 2023, 2022 and 2021, are as follows:

(In millions, except per share data)	2023		2022		2021
Basic net income per common share:
Net income	$	105.7	$	126.3	$	16.1
Weighted average common shares outstanding		84.6		84.4		84.1
Basic net income per common share	$	1.25	$	1.50	$	0.19
Diluted net income per common share:
Weighted average common shares outstanding — Basic		84.6		84.4		84.1
Plus incremental shares from assumed conversions:
Restricted stock units		0.5		0.4		0.3
Stock options		0.4		0.2		0.2
Weighted average common shares outstanding — Dilutive		85.5		85.0		84.6
Dilutive net income per common share	$	1.24	$	1.49	$	0.19
Anti-dilutive shares outstanding, excluded from computation		0.3		0.8		0.6