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Net Earnings (Loss) Per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Net Earnings Per Share

(8) Net Earnings Per Share

The calculations of net earnings per share - basic and net earnings per share - diluted were as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net earnings available to common shareholders

 

$

111.3

 

 

$

97.7

 

 

$

325.1

 

 

$

271.3

 

Weighted-average common shares outstanding (in millions)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

 

51.7

 

 

 

54.3

 

 

 

52.6

 

 

 

54.7

 

Effect of dilutive securities - stock options

 

 

 

 

 

0.2

 

 

 

0.1

 

 

 

0.1

 

Effect of other share-based awards

 

 

0.6

 

 

 

0.7

 

 

 

0.6

 

 

 

0.6

 

Weighted-average common shares outstanding - diluted

 

 

52.3

 

 

 

55.2

 

 

 

53.3

 

 

 

55.4

 

Net earnings per share - basic

 

$

2.15

 

 

$

1.80

 

 

$

6.18

 

 

$

4.96

 

Net earnings per share - diluted

 

$

2.13

 

 

$

1.77

 

 

$

6.10

 

 

$

4.90

 

 

There were 0.7 million and 0.1 million share-based awards excluded from the calculation of net earnings per share - diluted for the three months ended September 30, 2022 and 2021, respectively, because their impact was anti-dilutive. There were 0.5 million and 0.2 million share-based awards excluded from the calculation of net earnings per share - diluted for the nine months ended September 30, 2022 and 2021, respectively, because their impact was anti-dilutive.