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EARNINGS PER SHARE | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Earnings Per Share | EARNINGS PER SHARE Basic earnings per share is computed by dividing net earnings attributable to the Company by the weighted average number of shares of the Company's common stock outstanding. Diluted earnings per share is computed by dividing net earnings including the impact of dilutive adjustments by the weighted average number of common shares outstanding plus potentially dilutive shares, as if they had been issued at the earlier of the date of issuance or the beginning of the period presented. Potentially dilutive common shares result primarily from the Company’s outstanding stock options, restricted stock awards, restricted stock units, and performance share awards. The following represents a reconciliation of basic earnings per share to diluted earnings per share for the three and nine months ended September 30:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
| Earnings |  | Shares |  | Per Share Amount |  | Earnings |  | Shares |  | Per Share Amount |  | Earnings |  | Shares |  | Per Share Amount |  | Earnings |  | Shares |  | Per Share Amount
Basic earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net earnings | $ | 169.3 |  |  | 84.0 |  |  | $ | 2.02 |  |  | $ | 183.3 |  |  | 86.6 |  |  | $ | 2.12 |  |  | $ | 602.6 |  |  | 84.0 |  |  | $ | 7.17 |  |  | $ | 546.3 |  |  | 87.9 |  |  | $ | 6.22 |
Dilutive effect of employee stock options and awards | — |  |  | 0.4 |  |  |  |  | — |  |  | 0.4 |  |  |  |  | — |  |  | 0.5 |  |  |  |  | — |  |  | 0.4 |  |  |
Net earnings including impact of dilutive adjustments | $ | 169.3 |  |  | 84.4 |  |  | $ | 2.00 |  |  | $ | 183.3 |  |  | 87.0 |  |  | $ | 2.11 |  |  | $ | 602.6 |  |  | 84.5 |  |  | $ | 7.13 |  |  | $ | 546.3 |  |  | 88.3 |  |  | $ | 6.19 |
Diluted earnings per share represent the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. These potential shares include dilutive stock options and unissued restricted stock awards. The following table summarizes the potential common shares not included in the computation of diluted earnings per share because their impact would have been antidilutive:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Employee stock options and awards | 0.2 |  |  | 0.2 |  |  | 0.2 |  |  | 0.4 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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