Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

The following table sets forth the computation of earnings per share for the three years ended December 31 (in millions, except per share amounts):


	2022		2021		2020
Numerator:
Net income from continuing operations attributable to Hubbell Incorporated	$	511.3	$	365.0	$	330.0
Less: Earnings allocated to participating securities	(1.3)		(1.1)		(1.1)
Net income from continuing operations available to common shareholders	$	510.0	$	363.9	$	328.9

Net income from discontinued operations attributable to Hubbell Incorporated	$	34.6	$	34.5	$	21.2
Less: Earnings allocated to participating securities	(0.1)		(0.1)		(0.1)
Net income from discontinued operations available to common shareholders	$	34.5	$	34.4	$	21.1

Net income attributable to Hubbell Incorporated	$	545.9	$	399.5	$	351.2
Less: Earnings allocated to participating securities	(1.4)		(1.2)		(1.2)
Net income available to common shareholders	$	544.5	$	398.3	$	350.0

Denominator:
Average number of common shares outstanding	53.7		54.3		54.2
Potential dilutive shares	0.4		0.4		0.3
Average number of diluted shares outstanding	54.1		54.7		54.5

Basic earnings per share:
Basic earnings per share from continuing operations	$	9.49	$	6.70	$	6.07
Basic earnings per share from discontinued operations	$	0.64	$	0.63	$	0.39
Basic earnings per share	$	10.13	$	7.33	$	6.46

Diluted earnings per share:
Diluted earnings per share from continuing operations	$	9.43	$	6.66	$	6.04
Diluted earnings per share from discontinued operations	$	0.64	$	0.62	$	0.39
Diluted earnings per share	$	10.07	$	7.28	$	6.43