Earnings Per Common Share

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE

The calculation of earnings per common share is as follows:

	For the three months ended March 31,
In millions, except per share data	2020		2019
Net income attributable to Invesco Ltd.	81.5		177.7
Invesco Ltd:
Weighted average common shares outstanding - basic	455.7		401.6
Dilutive effect of non-participating common share-based awards	3.2		0.3
Weighted average common shares outstanding - diluted	458.9		401.9
Earnings per common share:
-basic		$0.18		$0.44
-diluted		$0.18		$0.44

See Note 11, "Common Share-Based Compensation", for a summary of common share awards outstanding under the company’s common share-based compensation programs. These programs could result in the issuance of common shares from time to time that would affect the measurement of basic and diluted earnings per common share.

There were 0.3 million common shares of performance-vested awards excluded from the computation of diluted earnings per common share during the three months ended March 31, 2020 due to their inclusion being anti-dilutive (three months ended March 31, 2019: 0.7 million). There were no common shares of time-vested awards excluded from the computation of diluted earnings per common share during three months ended March 31, 2020 (three months ended March 31, 2019: none).