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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
[3]
Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjustment
[3]
Treasury Stock
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
[3]
Accumulated Other Comprehensive (Loss) Income
Non-controlling Interests
Beginning Balance at Dec. 31, 2018 $ 889.0   $ 0.3 $ 460.2   $ 0.0 $ 453.9   $ (29.9) $ 4.5
Beginning balance (shares) at Dec. 31, 2018     31,360,000              
Increase (Decrease) in Stockholders' Equity                    
Net income 46.8           46.4     0.4
Other comprehensive income (loss) (6.0)               (6.0)  
Common stock issuance, net of equity issuance costs [1] 286.3   $ 0.1 286.2            
Common stock issuance, net of equity issuance costs (shares) [1]     4,030,000.00              
Share-based compensation expense 9.0     9.0            
Common stock issued from share-based compensation plans 9.4     9.4            
Common stock issued from share-based compensation plans (shares)     300,000              
Common stock repurchases from share-based compensation plans (2.0)     (2.0)            
Common stock repurchases from share-based compensation plan (shares)     110,000              
Dividend distribution to noncontrolling interest (0.4)                 (0.4)
Other 0.3                 0.3
Ending Balance at Dec. 31, 2019 1,232.4   $ 0.4 762.8   0.0 500.3   (35.9) 4.8
Ending balance (shares) at Dec. 31, 2019     35,800,000              
Increase (Decrease) in Stockholders' Equity                    
Net income 309.5           308.1     1.4
Other comprehensive income (loss) 38.3               38.3  
Share-based compensation expense 8.9     8.9            
Common stock issued from share-based compensation plans 11.0     11.0            
Common stock issued from share-based compensation plans (shares)     420,000              
Common stock repurchases from share-based compensation plans (1.9)     (1.9)            
Common stock repurchases from share-based compensation plan (shares)     (30,000.00)              
Common stock repurchases [2] (19.3)         (19.3)        
Other 0.4                 0.4
Ending Balance at Dec. 31, 2020 $ 1,579.3 $ (26.2) $ 0.4 780.8 $ (36.9) (19.3) 808.4 $ 10.7 2.4 6.6
Ending balance (shares) at Dec. 31, 2020 36,185,829   36,190,000              
Increase (Decrease) in Stockholders' Equity                    
Net income $ 60.9           59.1     1.8
Other comprehensive income (loss) (24.1)               (24.1)  
Share-based compensation expense 11.2     11.2            
Common stock issued from share-based compensation plans $ 6.9     6.9            
Common stock issued from share-based compensation plans (shares) 130,000   260,000              
Common stock repurchases from share-based compensation plans $ (6.4)     (6.4)            
Common stock repurchases from share-based compensation plan (shares)     (40,000.00)              
Acquisition of Earthly Labs Inc. 23.4     23.4            
Acquisition of Earthly Labs Inc. (in shares)     140,000              
Other 0.2                 0.2
Ending Balance at Dec. 31, 2021 $ 1,625.2   $ 0.4 $ 779.0   $ (19.3) $ 878.2   $ (21.7) $ 8.6
Ending balance (shares) at Dec. 31, 2021 36,548,330   36,550,000              
[1] Equity issuance costs were $9.5 during the year ended December 31, 2019.
[2] Includes $19.3 in shares repurchased through our share repurchase program. Refer to Note 2, “Significant Accounting Policies,” for further information.
[3] Refer to Note 2, “Significant Accounting Policies” for discussion regarding cumulative effect of change in accounting principle.