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EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Calculation of earnings per share

The following table sets forth the calculation of EPS on total net income for the years ended December 31, 2021, 2020 and 2019 (in millions, except share and per share data):

						Years Ended December 31,
						2021						2020						2019
Weighted average basic common shares outstanding						17,655,365						17,754,666						17,917,195
Dilutive effect of stock-based awards and employee stock purchases						66,847						51,912						18,879
Weighted average dilutive common shares outstanding						17,722,212						17,806,578						17,936,075
Basic:
Net income						$	552.1					$	286.5					$	174.0
Less: Earnings allocated to participating securities from continuing operations						21.1						10.7						6.3
Less: (Loss) earnings allocated to participating securities from discontinued operations						(2.5)						(0.4)						0.2
Net income available to basic common shares						$	533.5					$	276.2					$	167.6
Basic earnings per common share						$	30.22					$	15.55					$	9.35
Diluted:
Net income						$	552.1					$	286.5					$	174.0
Less: Earnings allocated to participating securities from continuing operations						21.0						10.6						6.2
Less: (Loss) earnings allocated to participating securities from discontinued operations						(2.5)						(0.4)						0.2
Net income available to diluted common shares						$	533.6					$	276.2					$	167.6
Diluted earnings per common share						$	30.11					$	15.51					$	9.34

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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