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Earnings Per Share
6 Months Ended
Jun. 30, 2024
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 six months ended June 30, 2024 and 2023:

Three Months Ended

Six Months Ended

June 30, 

June 30, 

(dollars and shares in millions, except per share data)

  

2024

   

2023

   

2024

   

2023

   

Net income attributable to Amphenol Corporation stockholders

$

524.8

$

460.5

$

1,073.5

$

899.7

Weighted average common shares outstanding — Basic

 

1,202.3

 

1,189.9

 

1,201.2

 

1,190.0

Effect of dilutive stock options

 

62.6

 

46.6

 

59.2

 

48.1

Weighted average common shares outstanding — Diluted

 

1,264.9

 

1,236.5

 

1,260.4

 

1,238.1

Net income attributable to Amphenol Corporation per common share — Basic

$

0.44

$

0.39

$

0.89

$

0.76

Net income attributable to Amphenol Corporation per common share — Diluted

$

0.41

$

0.37

$

0.85

$

0.73

Excluded from the computations above were anti-dilutive common shares (primarily related to outstanding stock options) of 3.9 million and 20.1 million for the three months ended June 30, 2024 and 2023, respectively. Excluded from the computations above were anti-dilutive common shares (primarily related to outstanding stock options) of 2.3 million and 17.5 million for the six months ended June 30, 2024 and 2023, respectively.