Earnings Per Share

9 Months Ended

Sep. 30, 2023

Earnings Per Share

Earnings Per Share

Note 9—Earnings Per Share

Basic earnings per common share (“EPS”) is computed by dividing net income attributable to Amphenol Corporation by the weighted average number of common shares outstanding. Diluted EPS is computed by dividing net income attributable to Amphenol Corporation by the weighted average number of outstanding common shares, including dilutive common shares, the dilutive effect of which relates to stock options. The following is 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 three and nine months ended September 30, 2023 and 2022:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(dollars and shares in millions, except per share data)	2023		2022		2023		2022
Net income attributable to Amphenol Corporation stockholders	$	513.9	$	496.6	$	1,413.6	$	1,394.8
Weighted average common shares outstanding — Basic		597.7		595.3		595.9		596.6
Effect of dilutive stock options		24.3		24.0		24.2		24.9
Weighted average common shares outstanding — Diluted		622.0		619.3		620.1		621.5
Net income attributable to Amphenol Corporation per common share — Basic	$	0.86	$	0.83	$	2.37	$	2.34
Net income attributable to Amphenol Corporation per common share — Diluted	$	0.83	$	0.80	$	2.28	$	2.24

Excluded from the computations above were anti-dilutive common shares (primarily related to outstanding stock options) of 8.1 million and 12.5 million for the three months ended September 30, 2023 and 2022, respectively. Excluded from the computations above were anti-dilutive common shares (primarily related to outstanding stock options) of 8.1 million and 8.9 million for the nine months ended September 30, 2023 and 2022, respectively.