Note 8 - Earnings Per Share

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Earnings Per Share [Text Block]

Reconciliation of the numerators and denominators of the earnings per share calculations — 

	Three Months Ended
	March 31,
	2022		2021
Net income available to common stockholders - Numerator basic and diluted	$	17	$	71
Denominator:
Weighted-average common shares outstanding - Basic		144.2		144.9
Employee compensation-related shares, including stock options		1.1		1.5
Weighted-average common shares outstanding - Diluted		145.3		146.4

The share count for diluted earnings per share is computed on the basis of the weighted-average number of common shares outstanding plus the effects of dilutive common stock equivalents (CSEs) outstanding during the period. We excluded 0.4 million and 0.9 million CSEs from the calculation of diluted earnings per share for the first quarters of 2022 and 2021 as the effect of including them would have been anti-dilutive.