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Earnings Per Share (“EPS”) (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Schedule of Reconciliation of Income and Computation of Earnings per Share

The following table provides a reconciliation of income (loss) from continuing operations to net income (loss) from continuing operations available to A&B common shareholders and net income (loss) available to A&B common shareholders (in millions):

						Three Months Ended September 30,												Nine Months Ended September 30,
						2023						2022						2023						2022
Income (loss) from continuing operations						$	12.0					$	5.8					$	32.3					$	20.9
Distributions and allocations to participating securities						—						(0.1)						(0.1)						(0.2)
Income (loss) from continuing operations available to A&B shareholders						12.0						5.7						32.2						20.7
Income (loss) from discontinued operations						3.9						1.0						3.9						1.3
Exclude: Loss (income) attributable to discontinued noncontrolling interest						(1.3)						(0.4)						(2.9)						(1.2)
Net income (loss) available to A&B common shareholders						$	14.6					$	6.3					$	33.2					$	20.8

The number of shares used to compute basic and diluted earnings per share is as follows (in millions):

						Three Months Ended September 30,												Nine Months Ended September 30,
						2023						2022						2023						2022
Denominator for basic EPS - weighted average shares outstanding						72.6						72.7						72.6						72.7
Effect of dilutive securities:
Restricted stock unit awards						0.2						0.1						0.2						0.1
Denominator for diluted EPS - weighted average shares outstanding						72.8						72.8						72.8						72.8

Schedule of Antidilutive Securities Outstanding

The number of anti-dilutive securities, excluded from the calculation of diluted earnings per common share, consisted of the following (in millions):

						Three Months Ended September 30,												Nine Months Ended September 30,
						2023						2022						2023						2022
Number of anti-dilutive securities						0.1						0.1						0.1						0.1

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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