Earnings (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2022

The following table sets forth the computation of basic and diluted earnings per share.


	Year Ended December 31,
		2022		2021 (1)		2020 (1)
Numerator:
Numerator for EPS - continuing operations
Net income (loss)		$	290.5	$	(95.3)	$	(573.8)
Less: Income attributed to non-controlling interest		33.4		33.0		37.6


Numerator for basic and diluted EPS attributable to Delek		$	257.1	$	(128.3)	$	(611.4)








Denominator:
Weighted average common shares outstanding (denominator for basic EPS)		70,789,458		73,984,104		73,598,389


Dilutive effect of stock-based awards		726,903		—		—
Weighted average common shares outstanding, assuming dilution (denominator for diluted EPS)		71,516,361		73,984,104		73,598,389

EPS:



Basic income (loss) per share		$	3.63	$	(1.73)	$	(8.31)



Diluted income (loss) income per share		$	3.59	$	(1.73)	$	(8.31)

The following equity instruments were excluded from the diluted weighted average common shares outstanding because their effect would be anti-dilutive:
Antidilutive stock-based compensation (because average share price is less than exercise price)		2,299,660		2,988,718		3,616,690
Antidilutive due to loss		—		598,775		466,254
Total antidilutive stock-based compensation		2,299,660		3,587,493		4,082,944

(1) Adjusted to reflect the retrospective change in accounting policy from LIFO to FIFO for certain inventories. See Note 8 for further discussion.