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Earnings per Share ("EPS")

6 Months Ended

Jun. 30, 2024

Earnings per Share ("EPS")

Earnings per Share ("EPS")

Note 19 - Earnings per Share ("EPS")


		For the three months ended June 30,
		2024											2023
						Shares			Per Share							Shares			Per Share
			Net income			(in millions)			Amount				Net income			(in millions)			Amount
Basic earnings per share			$	79.5		192.3			$	0.41			$	184.5		191.9			$	0.96
Effect of dilutive securities				—		0.2				—				—		0.3				—
Diluted earnings per share			$	79.5		192.5			$	0.41			$	184.5		192.2			$	0.96


		For the six months ended June 30,
		2024											2023
						Shares			Per Share							Shares			Per Share
			Net income			(in millions)			Amount				Net income			(in millions)			Amount
Basic earnings per share			$	224.0		192.2			$	1.17			$	341.0		191.9			$	1.78
Effect of dilutive securities				—		0.2				(0.01)				—		0.3				(0.01)
Diluted earnings per share			$	224.0		192.4			$	1.16			$	341.0		192.2			$	1.77

For the three months ended June 30, 2024, 6,560 stock options (Q2 2023 – 59,636 stock options) were excluded in the computation of diluted EPS due to being anti-dilutive. For the six months ended June 30, 2024, 1,282 stock options (H1 2023 – 47,767 stock options) were excluded in the computation of diluted EPS due to being anti-dilutive.