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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Shares

Our weighted-average shares outstanding for the years ended December 31, 2022, 2021 and 2020 were as follows:

 

(in millions)

 

2022

 

 

2021

 

 

2020

 

Weighted-average number of shares of common stock outstanding - basic

 

 

95.3

 

 

 

95.5

 

 

 

94.9

 

Stock options

 

 

 

 

 

0.1

 

 

 

0.1

 

Restricted stock units

 

 

 

 

 

1.5

 

 

 

1.1

 

Weighted-average shares and assumed conversions - diluted (1)

 

 

95.3

 

 

 

97.1

 

 

 

96.1

 

(1)
Due to the net loss during the twelve months ended December 31, 2022, the denominator in the diluted earnings per share calculation does not include the effects of the stock awards for which the average market price for the period exceeds the
exercised price, as it would result in a less dilutive computation. As a result, diluted earnings per share for the twelve months ended December 31, 2022 are the same as basic earnings per share.