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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Reconciliation of Earnings to Earnings Attributable to Common Shares Used in Basic and Diluted Earnings (Loss) Per Share Calculation

The following table is a reconciliation of earnings to earnings attributable to common shares used in our basic and diluted Earnings (Loss) Per Share (“EPS”) calculations for the years ended December 31, 2023, 2022 and 2021. EPS components may not add due to rounding.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2023

 

 

2022

 

 

2021

 

Earnings from continuing operations

 

$

223.8

 

 

$

199.9

 

 

$

185.3

 

(Earnings) allocated to participating vested share awards

 

 

(0.1

)

 

 

(0.3

)

 

 

(0.3

)

Earnings from continuing operations attributable to common shares

 

$

223.7

 

 

$

199.6

 

 

$

185.0

 

Reconciliation of Basic Shares Outstanding to Diluted Shares Outstanding

The following table is a reconciliation of basic shares outstanding to diluted shares outstanding for the years ended December 31, 2023, 2022 and 2021 (shares in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2023

 

 

2022

 

 

2021

 

Basic shares outstanding

 

 

44.7

 

 

 

46.3

 

 

 

47.6

 

Dilutive effect of common stock equivalents

 

 

0.1

 

 

 

0.1

 

 

 

0.3

 

Diluted shares outstanding

 

 

44.8

 

 

 

46.4

 

 

 

47.9