Quarterly Financial Data

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY FINANCIAL DATA (unaudited)

The following quarterly financial data for the years ended December 31, 2020 and 2019 has been prepared in accordance with GAAP:


(In millions, except per share data)	2020
	Quarters Ended
Income Statement Data	March 31		June 30		September 30		December 31
Revenue	$	389.1	$	406.3	$	426.5	$	447.4
Income before provision for income taxes	(112.8)		127.8		318.4		216.1
Net income	(83.8)		96.4		242.1		166.3
Net income per share (1):
Basic	$	(4.61)	$	5.40	$	13.57	$	9.47
Diluted	$	(4.61)	$	5.40	$	13.56	$	9.43

(In millions, except per share data)	2019
	Quarters Ended
Income Statement Data	March 31		June 30		September 30		December 31
Revenue	$	353.8	$	370.6	$	378.7	$	385.9
Income before provision for income taxes	206.3		215.3		219.1		215.2
Net income	164.4		164.4		165.4		161.9
Net income per share (1):
Basic	$	8.67	$	8.68	$	8.73	$	8.63
Diluted	$	8.65	$	8.68	$	8.73	$	8.60

(1)Basic and diluted net income per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted net income per share.