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Net Earnings Per Share
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Net Earnings Per Share

(6) Net Earnings Per Share

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

 

Year Ended December 31

 

2020

 

 

2019

 

 

2018

 

Net earnings available to common shareholders:

 

$

23.8

 

 

$

465.7

 

 

$

556.7

 

Weighted-average common shares outstanding (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

 

58.0

 

 

 

59.9

 

 

 

64.6

 

Effect of dilutive securities - stock options

 

 

 

 

 

 

 

 

0.1

 

Effect of other share-based awards

 

 

0.3

 

 

 

0.4

 

 

 

0.4

 

Weighted-average common shares outstanding - diluted

 

 

58.3

 

 

 

60.3

 

 

 

65.1

 

Net earnings per share - basic

 

$

0.41

 

 

$

7.78

 

 

$

8.62

 

Net earnings per share - diluted

 

$

0.41

 

 

$

7.72

 

 

$

8.56

 

 

There were 0.6 million, 0.4 million, and 0.3 million share-based awards excluded from the calculation of net earnings per share - diluted for the year ended December 31, 2020, 2019 and 2018, respectively, because their impact was anti-dilutive.