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Earnings Per Share of Common Stock
3 Months Ended
Mar. 31, 2015
Earnings Per Share of Common Stock
7. Earnings Per Share of Common Stock

The following is a reconciliation of the earnings and share data used in the basic and diluted earnings per share computations for the three months ended March 31, 2015 and 2014:

 

     Three Months Ended March 31,  
     2015      2014  
     (in millions, except share amounts)  

Net earnings available to Alleghany stockholders

   $ 125.2       $ 204.9   

Effect of dilutive securities

     —           —     
  

 

 

    

 

 

 

Income available to common stockholders for diluted earnings per share

$ 125.2    $ 204.9   
  

 

 

    

 

 

 

Weighted average common shares outstanding applicable to basic earnings per share

  16,014,223      16,683,864   

Effect of dilutive securities

  —        —     
  

 

 

    

 

 

 

Adjusted weighted average common shares outstanding applicable to diluted earnings per share

  16,014,223      16,683,864   
  

 

 

    

 

 

 

75,420 and 63,338 contingently issuable shares were potentially available during the first three months of 2015 and 2014, respectively, but were not included in the computations of diluted earnings per share because the impact was anti-dilutive to the earnings per share calculation.