Earnings Per Share

6 Months Ended

Jun. 30, 2022

Basic earnings per share has been computed based upon the weighted average number of common shares outstanding. Diluted earnings per share has been computed based upon the weighted average number of common shares outstanding plus the effect of all potentially dilutive common stock equivalents, except when the effect would be anti-dilutive.

The following table sets forth the computation of basic and diluted earnings per share (in millions, except per share data).


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Basic and diluted earnings per share:
Numerator:
Net income, basic and diluted	$	72.2	$	47.1	$	130.7	$	80.0
Denominator:
Basic weighted average common shares	29.8		29.6		29.8		29.5
Stock options, RSUs and PSUs	0.5		0.8		0.6		0.8
Weighted average shares used to calculate diluted earnings per share	30.3		30.4		30.4		30.3
Earnings per share:
Basic	$	2.42	$	1.59	$	4.39	$	2.71
Diluted	$	2.38	$	1.55	$	4.30	$	2.64
Antidilutive stock options, RSUs and PSUs	0.2		—		0.1		—