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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Summary of Weighted-Average Number of Shares Outstanding

Our weighted-average number of shares outstanding for the three months ended March 31, 2024 and 2023 was as follows:

 

 

 

Three Months Ended March 31,

 

(in millions)

 

2024

 

 

2023

 

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

 

 

95.7

 

 

 

94.9

 

Effect of dilutive securities:

 

 

 

 

 

 

Stock options

 

 

 

 

 

 

Restricted stock units

 

 

 

 

 

 

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

 

 

95.7

 

 

 

94.9

 

 

(1)
As a result of the net loss for the three months ended March 31, 2024 and 2023, 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.