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Earnings Per Share of Common Stock (Tables)
3 Months Ended
Mar. 31, 2017
Reconciliation of Earnings and Share Data used in Basic and Diluted Earnings per Share Computations

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, 2017 and 2016:

 

    

Three Months Ended

March 31,

 
     2017      2016  
     ($ in millions, except share amounts)  

Net earnings available to Alleghany stockholders

     $ 149.2          $ 154.5    

Effect of dilutive securities

     -              (0.4)   
  

 

 

    

 

 

 

Income available to common stockholders for diluted earnings per share

     $ 149.2          $ 154.1    
  

 

 

    

 

 

 

Weighted average common shares outstanding applicable to basic earnings per share

     15,413,698          15,452,191    

Effect of dilutive securities

     6,770          12,298    
  

 

 

    

 

 

 

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

     15,420,468          15,464,489