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Net Earnings Per Share
 9 Months Ended
Sep. 30, 2024
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,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Net earnings available to common shareholders

 

$

22.8

 

 

$

30.3

 

 

$

122.6

 

 

$

173.3

 

Weighted-average common shares outstanding (in millions)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

 

47.6

 

 

 

49.5

 

 

 

47.9

 

 

 

50.1

 

Effect of dilutive securities - share-based awards

 

 

0.5

 

 

 

0.6

 

 

 

0.6

 

 

 

0.6

 

Weighted-average common shares outstanding - diluted

 

 

48.1

 

 

 

50.1

 

 

 

48.5

 

 

 

50.7

 

Net earnings per share - basic

 

$

0.48

 

 

$

0.61

 

 

$

2.56

 

 

$

3.46

 

Net earnings per share - diluted

 

$

0.47

 

 

$

0.60

 

 

$

2.53

 

 

$

3.42

 

 

There were 0.8 million share-based awards excluded from the calculation of net earnings per share - diluted for both the three and nine months ended September 30, 2024, because their impact was anti-dilutive. There were 0.6 million share-based awards excluded from the calculation of net earnings per share - diluted for both the three and nine months ended September 30, 2023, because their impact was anti-dilutive.