Earnings Per Share

12 Months Ended

Dec. 31, 2022

NOTE 28. EARNINGS PER SHARE

The following table is a reconciliation of earnings (loss) to earnings (loss) attributable to common shares used in our basic and diluted Earnings (Loss) Per Share (“EPS”) calculations for the years ended December 31, 2022, 2021 and 2020. EPS components may not add due to rounding.




	2022			2021			2020
Earnings (loss) from continuing operations	$	199.9		$	185.3		$	(84.1	)
(Earnings) allocated to participating vested share awards		(0.3	)		(0.3	)		(0.1	)
Earnings (loss) from continuing operations attributable to common shares	$	199.6		$	185.0		$	(84.2	)

The following table is a reconciliation of basic shares outstanding to diluted shares outstanding for the years ended December 31, 2022, 2021 and 2020 (shares in millions):




	2022		2021		2020
Basic shares outstanding		46.3		47.6		47.9
Dilutive effect of common stock equivalents		0.1		0.3		-
Diluted shares outstanding		46.4		47.9		47.9

Anti-dilutive stock awards excluded from the computation of dilutive EPS for 2022, 2021 and 2020 were 19,134, 8,548 and 313,003, respectively. Due to the net loss for the year ended December 31, 2020, all common stock equivalents were considered anti-dilutive.