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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Summary of the computation of earnings per share
The following table sets forth the computation of earnings per share for the three and nine months ended September 30, 2019 and 2018 (in millions, except per share amounts):
 
Three Months Ended September 30,
Nine Months Ended September 30,
 
2019

2018

2019

2018

Numerator:
 

 

 

 

Net income attributable to Hubbell
$
130.7

$
113.6

$
299.0

$
272.2

Less: Earnings allocated to participating securities
(0.5
)
(0.4
)
(1.2
)
(1.0
)
Net income available to common shareholders
$
130.2

$
113.2

$
297.8

$
271.2

Denominator:
 

 

 

 

Average number of common shares outstanding
54.3

54.6

54.4

54.7

Potential dilutive common shares
0.3

0.3

0.3

0.3

Average number of diluted shares outstanding
54.6

54.9

54.7

55.0

Earnings per share:
 

 

 

 

Basic
$
2.40

$
2.07

$
5.48

$
4.96

Diluted
$
2.38

$
2.06

$
5.45

$
4.93