Earnings Per Share ("EPS")

9 Months Ended

Sep. 30, 2024

Earnings Per Share (“EPS”)

Basic EPS is calculated based on income (loss) 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					Nine Months Ended
	September 30,			September 30,		September 30,		September 30,
	2024			2023		2024		2023
Weighted average common shares outstanding - basic		244.6			246.0		244.1		244.9
Dilutive effect of stock options	0.0		(1)		2.7		2.6		2.9
Weighted average common shares outstanding - diluted		244.6			248.7		246.7		247.8
Antidilutive stock options outstanding		1.1			2.5		1.1		2.6

(1) Due to the net loss during the three months ended September 30, 2024, there was no dilutive effect of stock options because the impact would be antidilutive.