Earnings Per Share

9 Months Ended

Oct. 31, 2020

EARNINGS PER SHARE

Basic earnings per share ("EPS") is computed as net earnings divided by the weighted-average number of common shares outstanding for the period. Diluted EPS includes the dilutive effect of the assumed exercise of stock options and unvested restricted stock units.

The following table summarizes the reconciliation of the numerators and denominators for the basic and diluted EPS computations:


	Three Months Ended October 31,				Nine Months Ended October 31,
(in millions)	2020		2019		2020		2019
Net earnings for basic and diluted EPS	$	119.0	$	78.4	$	86.3	$	339.9
Weighted-average shares for basic EPS	121.4		120.3		121.3		121.0
Incremental shares based upon the assumed exercise of stock options and unvested restricted stock units	0.3		0.3		0.4		0.3
Weighted-average shares for diluted EPS	121.7		120.6		121.7		121.3

For the three and nine months ended October 31, 2020, there were 0.1 million and 0.2 million, respectively, stock options and restricted stock units that were excluded from the computation of earnings per diluted share due to their antidilutive effect. For the three and nine months ended October 31, 2019, there were 1.8 million and 1.7 million, respectively, stock options and restricted stock units that were excluded from the computation of earnings per diluted share due to their antidilutive effect.