Net Earnings Per Share

6 Months Ended

Jun. 30, 2023

NOTE 19. NET EARNINGS PER SHARE

The following table is a reconciliation of net earnings to net earnings attributable to common shares used in our basic and diluted net Earnings Per Share (“EPS”) calculations for the three and six months ended June 30, 2023 and 2022. EPS components may not add due to rounding.


	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2023		2022			2023			2022
Net earnings	$	60.2	$	52.2		$	107.5		$	96.6
Earnings allocated to participating vested share awards		-		(0.1	)		(0.1	)		(0.2	)
Net earnings attributable to common shares	$	60.2	$	52.1		$	107.4		$	96.4

The following table is a reconciliation of basic shares outstanding to diluted shares outstanding for the three and six months ended June 30, 2023 and 2022 (shares in millions):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022

Basic shares outstanding		44.9		46.6		45.2		46.9
Dilutive effect of common stock equivalents		0.1		0.1		-		0.1
Diluted shares outstanding		45.0		46.7		45.2		47.0

Anti-dilutive stock awards excluded from the computation of dilutive EPS for the three and six months ended June 30, 2023 were 191,659 and 133,144, respectively. Anti-dilutive stock awards excluded from the computation of dilutive EPS for the three and six months ended June 30, 2022 were 7,117 and 7,397, respectively.