Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

The following table sets forth a reconciliation of the numerators and denominators used in calculating basic and diluted earnings (loss) per share:


	Three Months Ended June 30,						Six Months Ended June 30,
(In millions, except per share amounts)	2020		2019		2020		2019
Numerators
(Loss) income from continuing operations attributable to GCP shareholders	$	(1.3)	$	3.1	$	0.1	$	17.7
(Loss) income from discontinued operations, net of income taxes	—		(0.5)		(0.3)		6.3
Net (loss) income attributable to GCP shareholders	$	(1.3)	$	2.6	$	(0.2)	$	24.0
Denominators
Weighted average common shares—basic calculation	72.9		72.6		72.9		72.5
Dilutive effect of employee stock awards⁽²⁾	—		0.4		0.1		0.4
Weighted average common shares—diluted calculation	72.9		73.0		73.0		72.9
Basic earnings (loss) per share:⁽²⁾
(Loss) income from continuing operations attributable to GCP shareholders	$	(0.02)	$	0.04	$	—	$	0.24
(Loss) income from discontinued operations, net of income taxes	$	—	$	(0.01)	$	—	$	0.09
Net (loss) income attributable to GCP shareholders⁽¹⁾	$	(0.02)	$	0.04	$	—	$	0.33
Diluted earnings (loss) per share:⁽²⁾
(Loss) income from continuing operations attributable to GCP shareholders	$	(0.02)	$	0.04	$	—	$	0.24
(Loss) income from discontinued operations, net of income taxes	$	—	$	(0.01)	$	—	$	0.09
Net (loss) income attributable to GCP shareholders⁽¹⁾	$	(0.02)	$	0.04	$	—	$	0.33

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⁽¹⁾Amounts may not sum due to rounding.

⁽²⁾Dilutive effect is only applicable to the periods during which GCP generated net income from continuing operations.