Earnings Per Share

12 Months Ended

Dec. 31, 2022

Earnings Per Share

Earnings Per Share

Note 8—Earnings Per Share

The following is a reconciliation of net income from continuing operations, discontinued operations and for total Amphenol Corporation, as well as a reconciliation of the basic weighted average common shares outstanding to diluted weighted average common shares outstanding, which were used to calculate the earnings per share (basic and diluted) for the years ended December 31, 2022, 2021 and 2020 (note that per share amounts may not add due to rounding):

(dollars and shares in millions, except per share data)	2022		2021		2020
Net income attributable to Amphenol Corporation stockholders:
Net income from continuing operations attributable to Amphenol Corporation	$	1,902.3	$	1,569.4	$	1,203.4
Income from discontinued operations attributable to Amphenol Corporation, net of income taxes of ($3.2) for 2021		—		21.4		—
Net income attributable to Amphenol Corporation	$	1,902.3	$	1,590.8	$	1,203.4
Weighted average common shares outstanding — Basic		596.2		597.9		596.1
Effect of dilutive stock options		24.8		27.6		18.9
Weighted average common shares outstanding — Diluted		621.0		625.5		615.0
Net income per common share attributable to Amphenol Corporation — Basic:
Continuing operations	$	3.19	$	2.62	$	2.02
Discontinued operations, net of income taxes		—		0.04		—
Net income attributable to Amphenol Corporation — Basic	$	3.19	$	2.66	$	2.02
Net income per common share attributable to Amphenol Corporation — Diluted:
Continuing operations	$	3.06	$	2.51	$	1.96
Discontinued operations, net of income taxes		—		0.03		—
Net income attributable to Amphenol Corporation — Diluted	$	3.06	$	2.54	$	1.96

Excluded from the computations above were anti-dilutive common shares (primarily related to outstanding stock options) of 9.0 million, 3.5 million and 9.4 million for the years ended December 31, 2022, 2021 and 2020, respectively.