Earnings Attributable to Tennant Company Per Share

6 Months Ended

Jun. 30, 2019

Earnings (Loss) Attributable to Tennant Company Per Share

18.

Earnings Attributable to Tennant Company Per Share

The computations of Basic and Diluted Earnings per Share were as follows:



	Three Months Ended				Six Months Ended
	June 30				June 30
	2019		2018		2019		2018
Numerator:
Net Earnings Attributable to Tennant Company	$	14.8	$	12.7	$	20.2	$	16.0
Denominator:
Basic - Weighted Average Shares Outstanding	18,082,492		17,943,450		18,062,591		17,867,641
Effect of dilutive securities:
Share-based compensation plans	312,373		428,088		304,793		436,319
Diluted - Weighted Average Shares Outstanding	18,394,865		18,371,538		18,367,384		18,303,960
Basic Earnings per Share	$	0.82	$	0.71	$	1.12	$	0.90
Diluted Earnings per Share	$	0.81	$	0.69	$	1.10	$	0.88

Excluded from the dilutive securities shown above were options to purchase and shares to be paid out under share-based compensation plans of 688,545 and 186,833 shares of common stock during the three months ended June 30, 2019 and 2018, respectively. Excluded from the dilutive securities shown above were options to purchase and shares to be paid out under share-based compensation plans of 664,311 and 311,907 shares of common stock during the six months ended June 30, 2019 and 2018, respectively. These exclusions were made if the exercise prices of the options are greater than the average market price of our common stock for the period, if the number of shares we can repurchase under the treasury stock method exceeds the weighted average shares outstanding in the options or if we have a net loss, as these effects are anti-dilutive.