Earnings (Loss) Per Share

9 Months Ended

Sep. 30, 2020

The computations of basic and diluted earnings per share are as follows.


	For the Three Month Period Ended September 30,				For the Nine Month Period Ended September 30,
	2020		2019		2020		2019
Net income (loss) attributable to Ingersoll Rand Inc.	$	29.5	$	41.3	$	(184.9)	$	133.4
Average shares outstanding
Basic	417.6		204.2		370.8		203.1
Diluted	422.0		209.0		370.8		208.6
Earnings (loss) per share
Basic	$	0.07	$	0.20	$	(0.50)	$	0.66
Diluted	$	0.07	$	0.20	$	(0.50)	$	0.64

The DSUs described in Note 16, “Stock-Based Compensation Plans” to the consolidated financial statements in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2019 were considered outstanding shares for the purpose of computing basic earnings per share because they were issued solely upon the passage of time.

For the three month periods ended September 30, 2020 and 2019, there were 5.6 million and 1.8 million anti-dilutive shares that were not included in the computation of diluted earnings per share. For the nine month periods ended September 30, 2020 and 2019, there were 7.8 million and 1.8 million anti-dilutive shares that were not included in the computation of diluted earnings per share.