XML 27 R17.htm IDEA: XBRL DOCUMENT v3.23.3
Net Earnings Per Share
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Net Earnings Per Share

(8) Net Earnings Per Share

 

The calculations of net earnings per share - basic and net earnings per share - diluted were as follows:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Net earnings available to common shareholders

 

$

30.3

 

 

$

111.3

 

 

$

173.3

 

 

$

325.1

 

Weighted-average common shares outstanding (in millions)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

 

49.5

 

 

 

51.7

 

 

 

50.1

 

 

 

52.6

 

Effect of dilutive securities - share-based awards

 

 

0.6

 

 

 

0.6

 

 

 

0.6

 

 

 

0.7

 

Weighted-average common shares outstanding - diluted

 

 

50.1

 

 

 

52.3

 

 

 

50.7

 

 

 

53.3

 

Net earnings per share - basic

 

$

0.61

 

 

$

2.15

 

 

$

3.46

 

 

$

6.18

 

Net earnings per share - diluted

 

$

0.60

 

 

$

2.13

 

 

$

3.42

 

 

$

6.10

 

 

There were 0.6 million and 0.7 million share-based awards excluded from the calculation of net earnings per share - diluted for the three months ended September 30, 2023 and 2022, respectively, because their impact was anti-dilutive. There were 0.6 million and 0.5 million share-based awards excluded from the calculation of net earnings per share - diluted for the nine months ended September 30, 2023 and 2022, respectively, because their impact was anti-dilutive.