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Net Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Reconciliation of Net Earnings Attributable to Common Shares Used in Basic and Diluted Net Earnings Per Share Calculation

The following table is a reconciliation of net earnings attributable to common shares used in our basic and diluted net Earnings Per Share (“EPS”) calculations for the three and nine months ended September 30, 2024 and 2023. EPS components may not add due to rounding.

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Net earnings

 

$

76.9

 

 

$

69.5

 

 

$

202.7

 

 

$

177.0

 

(Earnings) allocated to participating vested share awards

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(0.1

)

Net earnings attributable to common shares

 

$

76.9

 

 

$

69.5

 

 

$

202.7

 

 

$

176.9

 

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 three and nine months ended September 30, 2024 and 2023 (shares in millions):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic shares outstanding

 

 

43.7

 

 

 

44.5

 

 

 

43.8

 

 

 

45.0

 

Dilutive effect of common stock equivalents

 

 

0.2

 

 

 

0.1

 

 

 

0.2

 

 

 

-

 

Diluted shares outstanding

 

 

43.9

 

 

 

44.6

 

 

 

44.0

 

 

 

45.0