Earnings (Losses) Per Share

9 Months Ended

Sep. 30, 2023

Note 11 – Earnings (Losses) Per Share

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


	Three Months Ended September 30,					Nine Months Ended September 30,
(in millions, except per share amounts)	2023			2022		2023		2022
Numerator
Net (loss) income attributable to the Company	$	(1.7	)	$	2.0	$	182.7	$	208.7
Denominator
Basic weighted-average shares		104.2			105.3		104.4		107.8
Effect of dilutive restricted stock units (“RSUs”)		—			0.2		0.3		0.3
Diluted weighted-average shares		104.2			105.5		104.7		108.1
Net (loss) income per share attributable to the Company’s stockholders (1)
Basic	$	(0.02	)	$	0.02	$	1.75	$	1.94
Diluted	$	(0.02	)	$	0.02	$	1.75	$	1.93

(1)

Net income (loss) per share may not recalculate due to rounding.

For the three and nine months ended September 30, 2023, 288 thousand and 15 thousand RSUs and 39 thousand and 14 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 nine months ended September 30, 2022, 272 thousand and 24 thousand RSUs, respectively, were excluded from diluted weighted-average common shares outstanding due to their antidilutive effect.