XML 26 R16.htm IDEA: XBRL DOCUMENT v3.22.2
Earnings Per Share of Common Stock
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share of Common Stock

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 and six months ended June 30, 2022 and 2021:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

($ in millions, except share amounts)

 

Net (losses) earnings available to Alleghany stockholders

 

$

(171.6

)

 

$

403.7

 

 

$

(45.9

)

 

$

633.7

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

 

 

 

 

Income available to common stockholders for diluted earnings per share

 

$

(171.6

)

 

$

403.7

 

 

$

(45.9

)

 

$

633.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding applicable to basic earnings per share

 

 

13,455,198

 

 

 

13,919,489

 

 

 

13,488,993

 

 

 

13,954,449

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

13,455,198

 

 

 

13,919,489

 

 

 

13,488,993

 

 

 

13,954,449

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingently issuable shares(1)

 

 

 

 

 

 

 

 

54,612

 

 

 

59,972

 

 

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.