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Income Per Share | 12 Months Ended
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Dec. 31, 2023
Earnings Per Share [Abstract] |
Income Per Share | Income Per Share The following table presents the basis of the income per share computations:
| Years Ended December 31,
| 2023 |  | 2022 |  | 2021
| (In thousands)
Numerator: |  |  |  |  |
Income from continuing operations | $ | 242,556 |  |  | $ | 267,748 |  |  | $ | 198,841 |
Less: Net income (loss) attributable to noncontrolling interest | (203) |  |  | 159 |  |  | 392 |
Income from continuing operations attributable to Belden common stockholders | 242,759 |  |  | 267,589 |  |  | 198,449 |
Add: Loss from discontinued operations, net of tax | — |  |  | (3,685) |  |  | (136,384) |
Add: Gain (loss) on disposal of discontinued operations, net of tax | — |  |  | (9,241) |  |  | 1,860 |
Net income attributable to Belden common stockholders | $ | 242,759 |  |  | $ | 254,663 |  |  | $ | 63,925 |
Denominator: |  |  |  |  |
Weighted average shares outstanding, basic | 42,237 |  |  | 43,845 |  |  | 44,802 |
Effect of dilutive common stock equivalents | 622 |  |  | 692 |  |  | 559 |
Weighted average shares outstanding, diluted | 42,859 |  |  | 44,537 |  |  | 45,361 |
Basic weighted average shares outstanding is used to calculate diluted loss per share when the numerator is a loss because using diluted weighted average shares outstanding would be anti-dilutive. For the years ended December 31, 2023, 2022, and 2021, diluted weighted average shares outstanding do not include outstanding equity awards of 0.2 million, 0.8 million, and 1.1 million, respectively, because they are anti-dilutive. In addition, for the years ended December 31, 2023, 2022, and 2021, diluted weighted average shares outstanding do not include outstanding equity awards of 0.3 million, 0.2 million, and 0.2 million, respectively, because the related performance conditions have not been satisfied. For purposes of calculating basic earnings per share, unvested restricted stock units are not included in the calculation of basic weighted average shares outstanding until all necessary conditions have been satisfied and issuance of the shares underlying the restricted stock units is no longer contingent. Necessary conditions are not satisfied until the vesting date, at which time holders of our restricted stock units receive shares of our common stock. For purposes of calculating diluted earnings per share, unvested restricted stock units are included to the extent that they are dilutive. In determining whether unvested restricted stock units are dilutive, each issuance of restricted stock units is considered separately. Once a restricted stock unit has vested, it is included in the calculation of both basic and diluted weighted average shares outstanding.

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