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Capital Stock and Earnings Per Share
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Capital Stock and Earnings Per Share Capital Stock and Earnings Per Share
Capital Stock – The Company is authorized to issue 2,000,000 shares of preferred stock of $1.00 par value, none of which is outstanding. The Company's common stock has a par value of $0.01 per share. Share information regarding the Company's common stock at December 31, was as follows:
20242023
Common stock shares:
Authorized800,000,000 800,000,000 
Issued171,982,732 171,218,640 
Outstanding124,278,925 136,312,009 
Treasury stock shares47,703,807 34,906,631 
Discretionary share repurchases were $450.0 million or 12.5 million shares, $350.0 million or 10.2 million shares and $324.5 million or 8.4 million shares during the years ended December 31, 2024, 2023 and 2022 respectively. Share repurchases of common stock that employees surrendered to satisfy withholding taxes in connection with the vesting of restricted stock units (RSUs) and performance shares were $9.8 million or 0.3 million shares, $14.0 million or 0.3 million
shares, and $14.2 million or 0.4 million shares during the years ended December 31, 2024, 2023 and 2022, respectively, as discussed further in Note 16.
The Company paid cash dividends of $0.69, $0.66, and $0.63 per share during the years ended December 31, 2024, 2023, and 2022, respectively.
Earnings Per Share – The computation of basic and diluted earnings per share for the years ended December 31, was as follows (in thousands except per share amounts):
202420232022
Net income attributable to Harley-Davidson, Inc.$455,357 $706,586 $741,408 
Basic weighted-average shares outstanding131,447 142,378 148,012 
Effect of dilutive securities – employee stock compensation plan841 2,725 1,339 
Diluted weighted-average shares outstanding132,288 145,103 149,351 
Earnings per share:
Basic$3.46 $4.96 $5.01 
Diluted$3.44 $4.87 $4.96 
Shares of common stock related to share-based compensation that were not included in the effect of dilutive securities because the effect would have been anti-dilutive include 0.8 million, 1.0 million and 1.9 million shares during 2024, 2023 and 2022, respectively.