XML 21 R14.htm IDEA: XBRL DOCUMENT v3.20.1
Earnings Per Share
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The numerator for basic and diluted earnings per share (“EPS”) is net earnings attributable to Mosaic. The denominator for basic EPS is the weighted average number of shares outstanding during the period. The denominator for diluted EPS also includes the weighted average number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued, unless the shares are anti-dilutive.
The following is a reconciliation of the numerator and denominator for the basic and diluted EPS computations:
 
Three Months Ended March 31,
2020
 
2019
Net (loss) earnings attributable to Mosaic
$
(203.0
)
 
$
130.8

Basic weighted average number of shares outstanding
378.8

 
385.5

Dilutive impact of share-based awards
—

 
1.9

Diluted weighted average number of shares outstanding
378.8

 
387.4

Basic net (loss) earnings per share attributable to Mosaic
$
(0.54
)
 
$
0.34

Diluted net (loss) earnings per share attributable to Mosaic
$
(0.54
)
 
$
0.34


A total of 2.5 million and 1.6 million shares of common stock subject to issuance related to share-based awards for the three months ended March 31, 2020 and March 31, 2019, respectively, have been excluded from the calculation of diluted EPS because the effect would have been anti-dilutive.