The following table sets forth the computation of basic and diluted earnings per common share for the prior three fiscal years:


(In millions, except per share amounts)	2026		2025		2024
Numerator (basic & diluted):
Net earnings attributable to controlling interest – income available to common shareholders	$	8.5	$	110.7	$	154.7

Denominator:
Basic earnings weighted average common shares		49.8		49.5		49.3
Effect of dilutive securities		1.0		1.0		0.5
Diluted earnings adjusted weighted average common shares		50.8		50.5		49.8

Basic earnings per common share attributable to Worthington Steel shareholders	$	0.17	$	2.24	$	3.14
Diluted earnings per common share attributable to Worthington Steel shareholders	$	0.17	$	2.19	$	3.11

Anti-dilutive non-qualified stock options and restricted common share awards(1)		0.1		0.2		-

(1)

These non-qualified stock options and restricted common share awards were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. There were no anti-dilutive non-qualified stock options and restricted common share awards prior to the Separation. The number of anti-dilutive non-qualified stock options and restricted common share awards for 2024 was less than 0.1 million.

Earnings per common share was calculated based on the weighted-average number of common shares outstanding. Earnings per diluted common share included the weighted-average effect of dilutive restricted common shares and non-qualified stock options on the weighted-average shares outstanding. Prior to the third quarter of fiscal 2024, earnings per common share was based on the 49.3 million Worthington Steel common shares distributed to the Former Parent’s shareholders on December 1, 2023. The same number of common shares is being utilized for the calculation of basic and diluted earnings per common share for all periods presented prior to the Separation. After the Separation, actual outstanding common shares are used to calculate both basic and diluted weighted-average number of common shares outstanding.