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Earnings Per Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share is computed by dividing net income by the weighted average number of shares of all classes of CME Group common stock outstanding for each reporting period. Diluted earnings per share reflects the increase in shares using the treasury stock method to reflect the impact of an equivalent number of shares of common stock if stock options were exercised and restricted stock awards were converted into common stock. Anti-dilutive stock awards were as follows for the periods presented:
 
 
Quarter Ended
March 31,
(in thousands)
 
2020
 
2019
Stock awards
 
68

 
76

Total
 
68

 
76


The following table presents the earnings per share calculation for the periods presented:
 
 
Quarter Ended
March 31,
 
 
2020
 
2019
Net Income Attributable to CME Group (in millions)
 
$
766.2

 
$
496.9

Weighted Average Number of Common Shares (in thousands):
 
 
 
 
Basic
 
357,524

 
356,886

Effect of stock options, restricted stock and performance shares
 
931

 
1,161

Diluted
 
358,455

 
358,047

Earnings per Common Share Attributable to CME Group:
 
 
 
 
Basic
 
$
2.14

 
$
1.39

Diluted
 
2.14

 
1.39