XML 40 R31.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Common Equity (Tables)
 6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Earnings Per Share Basic and Diluted The following table presents the calculation of basic and diluted earnings per share for OGE Energy.

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(In millions, except per share data)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Net income

 

$

102.3

 

 

$

88.4

 

 

$

120.9

 

 

$

126.7

 

Average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic average common shares outstanding

 

 

200.8

 

 

 

200.3

 

 

 

200.6

 

 

 

200.3

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Contingently issuable shares (performance and restricted stock units)

 

 

0.6

 

 

 

0.5

 

 

 

0.4

 

 

 

0.5

 

Diluted average common shares outstanding

 

 

201.4

 

 

 

200.8

 

 

 

201.0

 

 

 

200.8

 

Basic earnings per average common share

 

$

0.51

 

 

$

0.44

 

 

$

0.60

 

 

$

0.63

 

Diluted earnings per average common share

 

$

0.51

 

 

$

0.44

 

 

$

0.60

 

 

$

0.63

 

Anti-dilutive shares excluded from earnings per share calculation

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—