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Earnings Per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share  
Earnings Per Share

Note 9—Earnings Per Share

Basic earnings per common share (“EPS”) is computed by dividing net income attributable to Amphenol Corporation by the weighted average number of common shares outstanding. Diluted EPS is computed by dividing net income attributable to Amphenol Corporation by the weighted average number of outstanding common shares, including dilutive common shares, the dilutive effect of which relates to stock options. The following is a reconciliation of the

basic weighted average common shares outstanding to diluted weighted average common shares outstanding, which were used to calculate the earnings per share (basic and diluted) for the three months ended March 31, 2024 and 2023:

Three Months Ended

March 31, 

(dollars and shares in millions, except per share data)

  

2024

   

2023

Net income attributable to Amphenol Corporation stockholders

$

548.7

$

439.2

Weighted average common shares outstanding — Basic

 

600.0

 

595.1

Effect of dilutive stock options

 

27.9

 

24.8

Weighted average common shares outstanding — Diluted

 

627.9

 

619.9

Net income attributable to Amphenol Corporation per common share — Basic

$

0.91

$

0.74

Net income attributable to Amphenol Corporation per common share — Diluted

$

0.87

$

0.71

Excluded from the computations above were anti-dilutive common shares (primarily related to outstanding stock options) of 0.1 million and 7.1 million for the three months ended March 31, 2024 and 2023, respectively.