Earnings Per Share

6 Months Ended

Jun. 30, 2023

Note 11 – Earnings Per Share

The computation of basic and diluted earnings per share is as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
(in millions, except per share amounts)	2023		2022		2023		2022
Numerator
Net income attributable to the Company	$	138.5	$	108.8	$	184.4	$	206.7
Denominator
Basic weighted-average shares		104.3		107.9		104.4		109.1
Effect of dilutive restricted stock units (“RSUs”)		0.2		0.2		0.2		0.3
Diluted weighted-average shares		104.5		108.1		104.6		109.4
Net income per share attributable to the Company’s stockholders
Basic	$	1.33	$	1.01	$	1.77	$	1.89
Diluted	$	1.33	$	1.01	$	1.76	$	1.89

For the three and six months ended June 30, 2023, 171 thousand and 172 thousand RSUs and 19 thousand and 11 thousand performance restricted stock units (“PRSUs”), respectively, were excluded from diluted weighted-average common shares outstanding due to their antidilutive effect. For the three and six months ended June 30, 2022, 339 thousand and 12 thousand RSUs, respectively, were excluded from diluted weighted-average common shares outstanding due to their antidilutive effect.