XML 46 R36.htm IDEA: XBRL DOCUMENT v3.23.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Summary of Weighted-Average Number of Shares Outstanding

Our weighted-average number of shares outstanding for the three and nine months ended September 30, 2023 and 2022 was as follows:

 

 

 

Three months ended September 30,

 

Nine Months Ended September 30,

(in millions)

 

2023

 

2022

 

2023

 

2022

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

 

95.4

 

94.5

 

95.2

 

95.6

Effect of dilutive securities:

 

 

 

 

 

 

 

 

Restricted stock units

 

1.3

 

 

1.6

 

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

 

96.7

 

94.5

 

96.8

 

95.6

 

(1)
As a result of the net loss for the three and nine months ended September 30, 2022, diluted earnings per share does not include the effects of the stock awards for which the average market price for the period exceeds the exercised price, as their effect would have been anti-dilutive.