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Earnings Per Share
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Earnings Per Share
12.
Earnings Per Share

The following table sets forth the computation of basic and diluted weighted average common shares outstanding and net income per common share attributable to Bruker shareholders (in millions, except per share amounts):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Net income attributable to Bruker Corporation

 

$

88.1

 

 

$

88.1

 

 

$

221.7

 

 

$

199.2

 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - basic

 

 

146.6

 

 

 

147.8

 

 

 

146.7

 

 

 

149.1

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and restricted stock units

 

 

0.7

 

 

 

0.8

 

 

 

0.8

 

 

 

0.8

 

Weighted average common shares outstanding - diluted

 

 

147.3

 

 

 

148.6

 

 

 

147.5

 

 

 

149.9

 

Net income per common share attributable to Bruker Corporation shareholders:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.60

 

 

$

0.60

 

 

$

1.51

 

 

$

1.34

 

Diluted

 

$

0.60

 

 

$

0.59

 

 

$

1.50

 

 

$

1.33

 

The following common share equivalents have been excluded from the computation of diluted weighted average common shares outstanding, as their effect would have been anti-dilutive (amounts in millions of shares):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Stock options

 

 

0.2

 

 

 

0.1

 

 

 

0.2

 

 

 

0.1

 

Unvested restricted stock units

 

 

 

 

 

0.3

 

 

 

 

 

 

0.2