Earnings Per Share

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The computation of basic and diluted earnings per share was as follows (in thousands, except per share amounts):

	Three months ended				Nine months ended
	September 30, 2023		September 25, 2022		September 30, 2023		September 25, 2022
Net income attributable to Harley-Davidson, Inc.	$	198,649	$	261,186	$	680,778	$	699,537
Basic weighted-average shares outstanding	141,622		146,217		143,678		148,673
Effect of dilutive securities – employee stock compensation plan	2,699		856		2,652		862
Diluted weighted-average shares outstanding	144,321		147,073		146,330		149,535
Net earnings per share:
Basic	$	1.40	$	1.79	$	4.74	$	4.71
Diluted	$	1.38	$	1.78	$	4.65	$	4.68

Shares of common stock related to share-based compensation that were not included in the effect of dilutive securities because the effect would have been anti-dilutive include 0.8 million and 3.9 million shares for the three months ended September 30, 2023 and September 25, 2022, respectively, and 1.1 million and 2.3 million shares for the nine months ended September 30, 2023 and September 25, 2022, respectively.