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Net Earnings Per Share
6 Months Ended
Jun. 30, 2023
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

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Net earnings available to common shareholders

 

$

65.2

 

 

$

122.2

 

 

$

143.0

 

 

$

213.8

 

Weighted-average common shares outstanding (in millions)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

 

50.2

 

 

 

52.7

 

 

 

50.4

 

 

 

53.2

 

Effect of dilutive securities - stock options

 

 

 

 

 

0.1

 

 

 

 

 

 

 

Effect of other share-based awards

 

 

0.5

 

 

 

0.6

 

 

 

0.6

 

 

 

0.6

 

Weighted-average common shares outstanding - diluted

 

 

50.7

 

 

 

53.4

 

 

 

51.0

 

 

 

53.8

 

Net earnings per share - basic

 

$

1.30

 

 

$

2.32

 

 

$

2.84

 

 

$

4.02

 

Net earnings per share - diluted

 

$

1.29

 

 

$

2.29

 

 

$

2.80

 

 

$

3.97

 

 

There were 0.7 million and 0.5 million share-based awards excluded from the calculation of net earnings per share - diluted for the three months ended June 30, 2023 and 2022, respectively, because their impact was anti-dilutive. There were 0.6 million and 0.3 million share-based awards excluded from the calculation of net earnings per share - diluted for the six months ended June 30, 2023 and 2022, respectively, because their impact was anti-dilutive.