Note 8 - Earnings Per Share

6 Months Ended

Jun. 30, 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				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
Net income available to common stockholders - Numerator basic and diluted	$	8	$	53	$	25	$	124
Denominator:
Weighted-average common shares outstanding - Basic		143.4		145.2		143.8		145.1
Employee compensation-related shares, including stock options		0.3		1.5		0.8		1.4
Weighted-average common shares outstanding - Diluted		143.7		146.7		144.6		146.5

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 0.6 million and 0.8 million CSEs from the calculation of diluted earnings per share for the second quarters of 2022 and 2021 and excluded 0.4 million and 0.9 million of CSEs for the respective year-to-date periods as the effect of including them would have been anti-dilutive.