Earnings Per Share of Common Stock

3 Months Ended

Mar. 31, 2022

8. Earnings Per Share of Common Stock

The following table presents a reconciliation of the earnings and share data used in the basic and diluted earnings per share computations for the three months ended March 31, 2022 and 2021:


	Three Months Ended March 31,
	2022		2021
	($ in millions, except share amounts)
Net earnings available to Alleghany stockholders	$	125.7	$	230.0
Effect of dilutive securities		—		(0.8	)
Income available to common stockholders for diluted earnings per share	$	125.7	$	229.2

Weighted average common shares outstanding applicable to basic earnings per share		13,522,787		13,989,410
Effect of dilutive securities		—		9,576
Adjusted weighted average common shares outstanding applicable to diluted earnings per share		13,522,787		13,998,986

Contingently issuable shares(1)		—		40,789

(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.