| 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 June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | Shares Granted | Weighted-average grant date fair value per share | | Shares Granted | Weighted-average grant date fair value per share | | Shares Granted | Weighted-average grant date fair value per share | | Shares Granted(1) | Weighted-average grant date fair value per share | | | | | | | | | | | | | | | Restricted stock units | | 0.3 | | $ | 15.71 | | | 0.2 | | $ | 6.48 | | | 0.9 | | $ | 14.34 | | | 2.4 | | $ | 6.20 | | | | | | | | | | | | | | | Performance based restricted share unit awards(2) | | — | | $ | — | | | — | | $ | — | | | 0.7 | | $ | 21.27 | | | 1.7 | | $ | 8.57 | | | Total | | 0.3 | | | | 0.2 | | | | 1.6 | | | | 4.1 | | | (1) Shares granted during fiscal year 2025 include awards granted to employees of our discontinued operations which will continue to vest in accordance with the original terms of the respective awards. | (2) 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 June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | Restricted stock units | | $ | 3.0 | | | $ | 2.3 | | | $ | 6.0 | | | $ | 4.4 | | | | | | | | | | | | Performance based restricted share unit awards | | 3.0 | | | 3.1 | | | 6.4 | | | 6.9 | | | | | | | | | | | | Share-based compensation expense, before tax | | 6.0 | | | 5.4 | | | 12.4 | | | 11.3 | | | Income tax benefit | | (1.4) | | | (1.3) | | | (3.0) | | | (2.7) | | | Share-based compensation expense, after tax | | $ | 4.6 | | | $ | 4.1 | | | $ | 9.4 | | | $ | 8.6 | |
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 June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Cost of sales | | $ | 0.5 | | | $ | 0.5 | | | $ | 1.0 | | | $ | 0.8 | | | Selling, general and administrative expense | | 5.4 | | | 4.8 | | | 11.2 | | | 10.3 | | | Research and development expense | | 0.1 | | | 0.1 | | | 0.2 | | | 0.2 | | | Share-based compensation expense, before tax | | 6.0 | | | 5.4 | | | 12.4 | | | 11.3 | | | Income tax benefit | | (1.4) | | | (1.3) | | | (3.0) | | | (2.7) | | | Share-based compensation expense, after tax | | $ | 4.6 | | | $ | 4.1 | | | $ | 9.4 | | | $ | 8.6 | |
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