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Earnings Per Share of Common Stock (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Reconciliation of Earnings and Share Data used in Basic and Diluted (Losses) Earnings per Share Computations

The following table presents a reconciliation of the earnings and share data used in the basic and diluted earnings per share computations for 2021, 2020 and 2019:

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

($ in millions, except share amounts)

 

Net earnings available to Alleghany stockholders

 

$

1,034.9

 

 

$

101.8

 

 

$

857.8

 

Effect of dilutive securities

 

 

 

 

 

(1.2

)

 

 

 

Income available to common stockholders for diluted earnings per share

 

$

1,034.9

 

 

$

100.6

 

 

$

857.8

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding applicable to basic earnings per share

 

 

13,853,780

 

 

 

14,257,793

 

 

 

14,431,892

 

Effect of dilutive securities

 

 

7,167

 

 

 

25,825

 

 

 

11,584

 

Adjusted weighted average common shares outstanding applicable to diluted earnings per share

 

 

13,860,947

 

 

 

14,283,618

 

 

 

14,443,476

 

 

 

 

 

 

 

 

 

 

 

Contingently issuable shares(1)

 

 

62,264

 

 

 

34,148

 

 

 

48,468

 

 

 

(1)
Contingently issuable shares were potentially available in the periods presented, but were not included in the diluted earnings per share computations because the impact was anti-dilutive to the earnings per share calculation.