The following table sets forth the computation of earnings per share for the three months ended March 31, 2025 and 2024 (in millions, except per share amounts): | | | | | | | | | | | | Three Months Ended March 31, | | | | 2025 | 2024 | | | | Numerator: | | | | | | Net income attributable to Hubbell Incorporated | $ | 169.7 | | $ | 147.8 | | | | | Less: Earnings allocated to participating securities | (0.3) | (0.3) | | | | | Net income available to common shareholders | $ | 169.4 | | $ | 147.5 | | | | | | | | | | Denominator: | | | | | | Average number of common shares outstanding | 53.5 | | 53.7 | | | | | Potential dilutive common shares | 0.3 | | 0.3 | | | | | Average number of diluted shares outstanding | 53.8 | | 54.0 | | | | | | | | | | Earnings per share: | | | | | | Basic earnings per share | $ | 3.16 | | $ | 2.75 | | | | | Diluted earnings per share | $ | 3.15 | | $ | 2.73 | | | |
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