Earnings Per Share – Linde plc Shareholders

Basic and diluted earnings per share is computed by dividing Income from continuing operations, Income from discontinued operations, net of tax and Net income – Linde plc for the period by the weighted average number of either basic or diluted shares outstanding, as follows:



	Quarter Ended March 31,
	2019		2018
Numerator (Millions of dollars)
Income from continuing operations	$	435	$	462
Income from discontinued operations, net of tax	82		—
Net Income – Linde plc	$	517	$	462
Denominator (Thousands of shares)
Weighted average shares outstanding	545,362		287,175
Shares earned and issuable under compensation plans	192		329
Weighted average shares used in basic earnings per share	545,554		287,504
Effect of dilutive securities
Stock options and awards	3,593		3,305
Weighted average shares used in diluted earnings per share	549,147		290,809
Basic earnings per share from continuing operations	$	0.80	$	1.61
Basic earnings per share from discontinued operations	$	0.15	$	—
Basic Earnings Per Share	$	0.95	$	1.61
Diluted earnings per share from continuing operations	$	0.79	$	1.59
Diluted earnings per share from discontinued operations	$	0.15	$	—
Diluted Earnings Per Share	$	0.94	$	1.59

Stock awards of 1,414,570 for the three months ended March 31, 2019 were antidilutive and therefore excluded in the computation of diluted earnings per share. There were no antidilutive shares for the three months ended March 31, 2018.