Earnings Per Share ("EPS")

9 Months Ended

Sep. 30, 2022

Earnings Per Share (“EPS”)

Basic EPS is calculated based on income available to holders of the Company’s common stock (“Common Stock”) and the weighted average number of shares outstanding during the reported period. Diluted EPS includes additional dilution from potential Common Stock issuable pursuant to the exercise of outstanding stock options.

The following table sets forth a reconciliation of the weighted average number of shares of Common Stock outstanding to the weighted average number of shares outstanding on a diluted basis:


	Three Months Ended				Nine Months Ended
	September 30,		September 30,		September 30,		September 30,
	2022		2021		2022		2021
Weighted average common shares outstanding - basic		242.8		245.3		242.7		245.2
Dilutive effect of stock options		3.2		4.5		3.7		4.7
Weighted average common shares outstanding - diluted		246.0		249.8		246.4		249.9
Antidilutive stock options outstanding		3.0		1.6		3.0		1.6