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Earnings Per Share of Common Stock
 3 Months Ended
Mar. 31, 2016
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, 2016 and 2015:

 

    Three Months Ended
March 31,		  
    2016     2015  
    ($ in millions, except share amounts)  

Net earnings available to Alleghany stockholders

    $ 154.5         $ 125.2     

Effect of dilutive securities

     (0.4)         -        
 

 

 

    

 

 

  

Income available to common stockholders for diluted earnings per share

    $ 154.1         $ 125.2     
 

 

 

    

 

 

  

Weighted average common shares outstanding applicable to basic earnings per share

     15,452,191          16,014,223     

Effect of dilutive securities

     12,298          -        
 

 

 

    

 

 

  

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

     15,464,489          16,014,223     
 

 

 

    

 

 

  

57,123 and 75,420 contingently issuable shares were potentially available during the first three months of 2016 and 2015, 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.