Three Months Ended March 31,

2023

2022

Weighted average basic common shares outstanding

13,861,289

16,529,351

Dilutive effect of stock-based awards and employee stock purchases

53,438

56,264

Weighted average dilutive common shares outstanding

13,914,727

16,585,614

Basic:

Net income

$

158.4

$

202.9

Less: Earnings allocated to participating securities from continued operations

4.1

5.8

Less: (Loss) earnings allocated to participating securities from discontinued operations

—

0.1

Net income available to basic common shares

$

154.4

$

197.0

Basic earnings per common share

$

11.14

$

11.92

Diluted:

Net income

$

158.4

$

202.9

Less: Earnings allocated to participating securities from continued operations

4.1

5.8

Less: (Loss) earnings allocated to participating securities from discontinued operations

—

0.1

Net income available to diluted common shares

$

154.4

$

197.1

Diluted earnings per common share

$

11.10

$

11.88