The following table is a reconciliation of basic shares outstanding to diluted shares outstanding for the three and nine months ended September 30, 2026 and 2025 (shares in millions):


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2026		2025		2026		2025
Basic shares outstanding		42.1		43.2		42.5		43.4
Dilutive effect of common stock equivalents		0.2		0.4		0.2		0.3
Diluted shares outstanding		42.3		43.6		42.7		43.7

There were no anti-dilutive stock awards excluded from the computation of dilutive earnings per share for the three months ended September 30, 2026. There were 2,288 of anti-dilutive stock awards excluded from the computation of dilutive earnings per share for the nine months ended September 30, 2026. Anti-dilutive stock awards excluded from the computation of dilutive earnings per share for the three and nine months ended September 30, 2025 were 261 and 19,439, respectively.