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Earnings per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Earnings per Share

Note 12—Earnings per Share

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

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

Net income attributable to SS&C common stockholders

 

$

157.6

 

 

$

126.0

 

 

 

 

 

 

 

 

Shares attributable to SS&C:

 

 

 

 

 

 

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

 

 

247.0

 

 

 

250.4

 

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

 

 

6.3

 

 

 

6.6

 

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

 

 

253.3

 

 

 

257.0

 

 

 

 

 

 

 

 

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

 

$

0.64

 

 

$

0.50

 

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

 

$

0.62

 

 

$

0.49

 

Weighted-average stock options, SARs, RSUs and PSUs representing 18.4 million and 25.0 million shares were outstanding for the three months ended March 31, 2024 and 2023, respectively, but were not included in the computation of diluted EPS because the effect of including them would be anti-dilutive.