Equity [Text Block] | 11. We have 2,000,000,000 shares of authorized common stock as of March 31, 2023 and December 31, 2022 . Our common shares have rights to any dividend declared by the board of directors (the "Board"), subject to any preferential or other rights of any outstanding preferred stock, and voting rights to elect all current members of the Board. At March 31, 2023 and December 31, 2022, We have 80,000,000 shares of authorized preferred stock, par value $0.001 per share. The preferred shares have preferential rights over the common shares with respect to dividends and net distribution upon liquidation. We did not March 31, 2023 and December 31, 2022. On February 14, 2023, March 15, 2023. three March 31, 2023 2022 and recorded as a reduction to retained earnings, respectively. Share Repurchase Program In December 2022, 815 40, Contracts in Entity's Own Equity ("ASC 815 40" zero December 14, 2022, February 2023, . These repurchases of 1,415,711 shares resulted in a reduction of outstanding shares used to calculate the weighted average common shares outstanding for basic and diluted earnings per share ("EPS"). In March 2023, Upon payment of the aggregate purchase price on March 7, 2023, fourth 2023, may three March 31, 2023. During the three months ended March 31, 2023 , we repurchased 10,902,788 shares of common stock with an aggregate value of $2,057,551,138 billion as part of the Repurchase Program, inclusive of the ASR agreements, at a weighted average price of $188.72 per share. We utilized cash received from the sale of our Energy business. As of March 31, 2023, February 1, 2023. The Inflation Reduction Act of 2022, August 16, 2022, 1% December 31, 2022. first 2023, March 31, 2023. Treasury Stock As of March 31, 2023 , our treasury stock consisted of 399,451,479 shares of common stock, carried at cost. During the three months ended March 31, 2023 , we transferred 753,211 shares of common stock from the treasury shares at a weighted average treasury stock price of $18.27 per share. Earnings Per Share Basic EPS is computed by dividing net income attributable to Verisk by the weighted average number of common shares outstanding during the period. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding, using the treasury stock method, if the dilutive potential common shares, including vested and nonvested stock options, nonvested restricted stock awards, nonvested restricted stock units, nonvested performance awards consisting of performance share units ("PSU"), and nonvested deferred stock units, had been issued. The following is a presentation of the numerators and denominators of the basic and diluted EPS computations for the three March 31, 2023 2022 Three Months Ended March 31, 2023 2022 Numerator used in basic and diluted EPS: Income from continuing operations $ 194.3 $ 486.9 Income from discontinued operations, net of tax (138.0 ) 18.8 Net income attributable to Verisk $ 56.3 $ 505.7 Denominator: Weighted average number of common shares used in basic EPS 152,032,255 160,680,955 Effect of dilutive shares: Potential common shares issuable from stock options and stock awards 677,064 957,662 Weighted average number of common shares and dilutive potential common shares used in diluted EPS 152,709,319 161,638,617 The potential shares of common stock that were excluded from diluted EPS were 1,399,406 and 1,405,680 for the three March 31, 2023 2022 , Accumulated Other Comprehensive Income (Loss) The following is a summary of accumulated other comprehensive income (loss) as of March 31, 2023 December 31, 2022 2023 2022 Foreign currency translation adjustment $ 123.0 $ (636.9 ) Pension and postretirement adjustment, net of tax (93.6 ) (94.3 ) Accumulated other comprehensive income (loss) $ 29.4 $ (731.2 ) The before-tax and after-tax amounts of other comprehensive income (loss) income for the three March 31, 2023 2022 Before Tax Tax (Expense) Benefit After Tax For the Three Months Ended March 31, 2023 Foreign currency translation adjustment attributable to Verisk $ 59.3 $ — $ 59.3 Foreign currency translation adjustment attributable to noncontrolling interests (0.7 ) — (0.7 ) Cumulative translation adjustment recognized upon deconsolidation of the Energy business 700.6 — 700.6 Foreign currency translation adjustment 759.2 — 759.2 Pension and postretirement adjustment before reclassifications 2.5 0.1 2.6 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (1.5 ) (0.4 ) (1.9 ) Pension and postretirement adjustment 1.0 (0.3 ) 0.7 Total other comprehensive income $ 760.2 $ (0.3 ) $ 759.9 For the Three Months Ended March 31, 2022 Foreign currency translation adjustment $ (71.0 ) $ — $ (71.0 ) Foreign currency translation adjustment attributable to noncontrolling interests (0.6 ) — (0.6 ) Foreign currency translation adjustment (71.6 ) — (71.6 ) Pension and postretirement adjustment before reclassifications 1.3 (0.2 ) 1.1 Amortization of net actuarial loss and prior service benefit reclassified from accumulated other comprehensive losses (1) (0.7 ) 0.2 (0.5 ) Pension and postretirement adjustment 0.6 — 0.6 Total other comprehensive loss $ (71.0 ) $ — $ (71.0 ) ___________ ( 1 These accumulated other comprehensive loss components, before tax, are included under "Cost of revenues" and "Selling, general and administrative" in our accompanying condensed consolidated statements of operations. These components are also included in the computation of net periodic (benefit) cost (see Note 13 |