| Share-Based Compensation Share-Based Awards Granted We granted the following awards under our stock compensation plans during the periods presented (in millions, except per share data): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | | | | | | 2024 | | 2023 | | | | | | | | | | | | | Shares Granted | Weighted-average grant date fair value per share | | Shares Granted | Weighted-average grant date fair value per share | | | | | | | | | | | | | | | | | | | | | | | Restricted stock units | | | | | | | | 1.0 | | $ | 13.30 | | | 0.6 | | $ | 23.46 | | | | | | | | | | | | | | | | | | | | | | | Performance based restricted share unit awards(1) | | | | | | | | 1.0 | | $ | 19.01 | | | 0.6 | | $ | 36.58 | | | | | | | Total | | | | | | | | 2.0 | | | | 1.2 | | | | | | | | | | | | | | | | | | | | | | | | (1) Weighted-average grant date fair value per share determined using Monte-Carlo valuation method. | | | | |
Share-Based Compensation Expense Share-based compensation expense by award-type, net of estimated forfeitures, recognized in the condensed consolidated statement of operations for the periods presented was (in millions): | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | | | | 2024 | | 2023 | | Stock options | | | | | | $ | — | | | $ | 0.1 | | | Restricted stock units | | | | | | 4.8 | | | 4.6 | | | Restricted stock awards | | | | | | — | | | 0.2 | | | Performance based restricted share unit awards | | | | | | 8.3 | | | 7.5 | | | Cash-settled restricted stock | | | | | | 1.1 | | | — | | | Share-based compensation expense, before tax | | | | | | 14.2 | | | 12.4 | | | Income tax benefit | | | | | | (3.4) | | | (3.0) | | | Share-based compensation expense, after tax | | | | | | $ | 10.8 | | | $ | 9.4 | |
Share-based compensation, net of estimated forfeitures, recognized in the condensed consolidated statement of operations for the periods presented was (in millions): | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | | | 2024 | | 2023 | | Cost of products | | | | | $ | 0.5 | | | $ | 0.4 | | | Selling, general and administrative expense | | | | | 12.4 | | | 10.8 | | | Research and development expense | | | | | 0.5 | | | 0.5 | | | Other venue expense | | | | | 0.8 | | | 0.7 | | | Share-based compensation expense, before tax | | | | | 14.2 | | | 12.4 | | | Income tax benefit | | | | | (3.4) | | | (3.0) | | | Share-based compensation expense, after tax | | | | | $ | 10.8 | | | $ | 9.4 | |
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