DANA INC
For the period ended Mar 31, 2024. Filed Apr 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 30, 2024
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Earnings per Share
Note8. Earnings per Share
Reconciliation of the numerators and denominators of the earnings per share calculations —
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2024 | 2023 | |
| Net income available to common stockholders - Numerator basic and diluted | $3 | $28 |
| Denominator: | ||
| Weighted-average common shares outstanding - Basic | 144.8 | 143.9 |
| Employee compensation-related shares | — | 0.4 |
| Weighted-average common shares outstanding - Diluted | 144.8 | 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 2.2 million and 0.2 million CSEs from the calculation of diluted earnings per share for thefirst quarters of2024 and2023 as the effect of including them would have been anti-dilutive.
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