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Earnings Per Share of Common Stock (Tables)
12 Months Ended
Dec. 31, 2018
Reconciliation of Earnings and Share Data used in Basic and Diluted (Losses) Earnings per Share Computations
The following table presents a reconciliation of the earnings and share data used in the basic and diluted (losses) earnings per share computations for 2018, 2017 and 2016:
 
  Year Ended December 31, 
  2018  2017  2016 
  ($ in millions, except share amounts) 
Net earnings available to Alleghany stockholders
  $$39.5   $$90.1   $$456.9 
Effect of dilutive securities
  -   -   - 
  
 
 
  
 
 
  
 
 
 
Income available to common stockholders for diluted earnings per share
  $$39.5   $$90.1   $$456.9 
  
 
 
  
 
 
  
 
 
 
    
Weighted average common shares outstanding applicable to basic earnings per share
  15,062,567     15,410,034     15,436,286   
Effect of dilutive securities
  -         -         6,363   
  
 
 
  
 
 
  
 
 
 
Adjusted weighted average common shares outstanding applicable to diluted earnings per share
  15,062,567     15,410,034     15,442,649   
  
 
 
  
 
 
  
 
 
 
    
Contingently issuable shares
(1)
  23,947     78,345     68,429   
 
(1)
Contingently issuable shares were potentially available in the periods presented, but were not included in the diluted earnings per share computations because the impact was anti-dilutive to the earnings per share calculation.