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Earnings per Share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Earnings per Share

Note 13—Earnings per Share

The following table sets forth the computation of basic and diluted EPS (in millions, except per share amounts):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net income attributable to SS&C common stockholders

 

$

110.6

 

 

$

189.8

 

 

$

282.7

 

 

$

364.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares attributable to SS&C:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – used in calculation of basic EPS

 

 

254.9

 

 

 

255.7

 

 

 

255.3

 

 

 

256.4

 

Weighted-average common stock equivalents – stock options and restricted shares

 

 

9.0

 

 

 

11.9

 

 

 

10.2

 

 

 

11.4

 

Weighted-average common and common equivalent shares outstanding – used in calculation of diluted EPS

 

 

263.9

 

 

 

267.6

 

 

 

265.5

 

 

 

267.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to SS&C common stockholders – Basic

 

$

0.43

 

 

$

0.74

 

 

$

1.11

 

 

$

1.42

 

Earnings per share attributable to SS&C common stockholders – Diluted

 

$

0.42

 

 

$

0.71

 

 

$

1.06

 

 

$

1.36

 

 

Stock options, SARs and PSUs representing 22.7 million and 16.4 million shares were outstanding for the three and six months ended June 30, 2022, respectively, but were not included in the computation of diluted EPS because the effect of including them would be anti-dilutive. Stock options, SARs and PSUs representing 8.7 million and 15.8 million shares were outstanding for the three and six months ended June 30, 2021, respectively, but were not included in the computation of diluted EPS because the effect of including them would be anti-dilutive.