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Earnings Per Share ("EPS")
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share ("EPS")
5.
Earnings Per Share (“EPS”)

Basic EPS is calculated based on income available to holders of the Company’s common stock (“Common Stock”) and the weighted average number of shares outstanding during the reported period. Diluted EPS includes additional dilution from potential Common Stock issuable pursuant to the Company's stock-based compensation plans.

The following table sets forth a reconciliation of the weighted average number of shares of Common Stock outstanding to the weighted average number of shares outstanding on a diluted basis:

 

Three Months Ended

 

 

March 31,

 

 

March 31,

 

 

2023

 

 

2022

 

Weighted average common shares outstanding - basic

 

243.8

 

 

 

242.6

 

Dilutive effect of stock options and other unvested stock-based awards

 

3.0

 

 

 

4.1

 

Weighted average common shares outstanding - diluted

 

246.8

 

 

 

246.7

 

Antidilutive stock options outstanding

 

3.9

 

 

 

0.2