v3.24.2
Note 8 - Earnings Per Share
 6 Months Ended
Jun. 30, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 8. Earnings per Share

 

Reconciliation of the numerators and denominators of the earnings per share calculations — 

 

  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 
  

2024

  

2023

  

2024

  

2023

 

Net income available to common stockholders - Numerator basic and diluted

 $16  $30  $19  $58 
                 

Denominator:

                

Weighted-average common shares outstanding - Basic

  145.0   144.3   144.9   144.1 

Employee compensation-related shares

  0.1   0.1   —   0.2 

Weighted-average common shares outstanding - Diluted

  145.1   144.4   144.9   144.3 

 

The share count for diluted earnings per share is computed on the basis of the weighted-average number of common shares outstanding plus the effects of dilutive common stock equivalents (CSEs) outstanding during the period. We excluded 0.2 million and 2.0 million CSEs from the calculation of diluted earnings per share for the second quarters of 2024 and 2023 and excluded 2.1 million and 0.3 million of CSEs for the respective year-to-date periods as the effect of including them would have been anti-dilutive.