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Earnings Per Share | 6 Months Ended
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Jun. 30, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | Note J – Earnings Per Share Net income attributable to Murphy was used as the numerator in computing both basic and diluted income per Common share for the three-month and six-month periods ended June 30, 2023 and 2022. The following table reports the weighted-average shares outstanding used for these computations.
| Three Months Ended June 30, |  | Six Months Ended June 30,
(Weighted-average shares) | 2023 |  | 2022 |  | 2023 |  | 2022
Basic method | 156,126,580 |  |  | 155,388,555 |  |  | 155,976,326 |  |  | 155,121,098 |
Dilutive stock options and restricted stock units ¹ | 1,172,382 |  |  | 2,066,575 |  |  | 1,331,696 |  |  | 2,730,624 |
Diluted method | 157,298,962 |  |  | 157,455,130 |  |  | 157,308,022 |  |  | 157,851,722 |
1 The following table reflects certain options to purchase shares of common stock that were outstanding during the periods presented but were not included in the computation of diluted shares above because the incremental shares from the assumed conversion were antidilutive.
|  |  | Six Months Ended June 30,
|  |  |  |  | 2023 |  | 2022
Antidilutive stock options excluded from diluted shares |  |  |  |  | $ | – |  |  | $ | 234,000 |
Weighted average price of these options |  |  |  |  | $ | – |  |  | $ | 49.65 |

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