XML 56 R43.htm IDEA: XBRL DOCUMENT v3.24.0.1
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Summary of Weighted-Average Number of Shares Outstanding

Our weighted-average shares outstanding for the years ended December 31, 2023, 2022, and 2021 were as follows:

 

 

 

Year Ended December 31,

 

(in millions)

 

2023

 

 

2022

 

 

2021

 

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

 

 

95.3

 

 

 

95.3

 

 

 

95.5

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options

 

 

 

 

 

 

 

 

0.1

 

Restricted stock units

 

 

 

 

 

 

 

 

1.5

 

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

 

 

95.3

 

 

 

95.3

 

 

 

97.1

 

(1)
Due to the net loss during the twelve months ended December 31, 2023 and 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, 2023 and 2022 are the same as basic earnings per share.