Earnings Attributable to Tennant Company Per Share

3 Months Ended

Mar. 31, 2020

Earnings (Loss) Attributable to Tennant Company Per Share

Earnings Attributable to Tennant Company Per Share

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



	Three Months Ended
	March 31
	2020		2019
Numerator:
Net Earnings Attributable to Tennant Company	$	5.2	$	5.4
Denominator:
Basic - Weighted Average Shares Outstanding	18,286,816		18,042,468
Effect of dilutive securities:
Share-based compensation plans	379,422		302,743
Diluted - Weighted Average Shares Outstanding	18,666,238		18,345,211
Basic Earnings per Share	$	0.28	$	0.30
Diluted Earnings per Share	$	0.28	$	0.29

Excluded from the dilutive securities shown above were options to purchase and shares to be paid out under share-based compensation plans of 206,680 and 646,491 shares of common stock during the three months ended March 31, 2020 and 2019, 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.