| Earnings Per Share |
Note 10 - Earnings Per Share The following table sets forth the computation of basic and diluted net income per share of common stock: | | | | | | | | | | | | | | | Three Months Ended March 31, | | | (in millions, except shares and per share amounts) | 2024 | | 2023 | | | | Basic net income per share attributable to common stockholders | | | | | | | Numerator: | | | | | | | Net income | $ | 15.1 | | | $ | 44.5 | | | | | Denominator: | | | | | | | Weighted average number of shares of common stock outstanding | 378,967,201 | | | 403,408,487 | | | | | Basic net income per share attributable to common stockholders | $ | 0.04 | | | $ | 0.11 | | | | | | | | | | | Diluted net income per share attributable to common stockholders | | | | | | | Numerator: | | | | | | | | | | | | | | | | | | | | | | | | | Allocation of undistributed earnings | $ | 15.1 | | | $ | 44.5 | | | | | Denominator: | | | | | | | Number of shares used in basic computation | 378,967,201 | | | 403,408,487 | | | | | Add: weighted-average effect of dilutive securities exchangeable for common stock: | | | | | | | Restricted stock awards | 145,210 | | | 446,843 | | | | | | | | | | | Exercise of common stock options | — | | | 66,687 | | | | Employee Stock Purchase Plan | 195,072 | | | 195,611 | | | | | Weighted average shares of common stock outstanding used to calculate diluted net income per share | 379,307,483 | | | 404,117,628 | | | | | Diluted net income per share attributable to common stockholders | $ | 0.04 | | | $ | 0.11 | | | |
The following weighted-average potentially dilutive securities were evaluated under the treasury stock method for potentially dilutive effects and have been excluded from diluted net income per share in the periods presented due to their anti-dilutive effect: | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | 2024 | | 2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Restricted stock units | 15,474,470 | | | 13,267,434 | | | | | | | | | | | | | | | Exercise of common stock options | 76,261 | | | — | | | | | | | Total anti-dilutive securities | 15,550,731 | | | 13,267,434 | | | | | |
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