Earnings per Share

12 Months Ended

Dec. 31, 2025

Note 11. Earnings per Share

Net earnings per basic share is calculated by dividing net earnings by the weighted-average number of common shares outstanding for the period. Net earnings per diluted share is computed using the weighted-average number of common and potentially dilutive shares outstanding during the period, including stock options, RSUs, PSUs and restricted stock, using the treasury stock method.

The reconciliation of the numerator and denominator of the net earnings per basic and diluted share calculations for the years ended December 31, 2025, 2024 and 2023 were as follows:


	Year Ended December 31,
	2025		2024		2023
Net earnings per share:
Basic	$	1.18	$	3.16	$	2.81
Diluted	$	1.15	$	3.06	$	2.69
Numerator:
Net earnings	$	32.4	$	92.4	$	82.2
Denominator:
Weighted-average number of common shares outstanding		27.5		29.2		29.3
Dilutive awards		0.7		1.0		1.3
Diluted weighted-average number of common shares outstanding		28.2		30.2		30.6