Earnings Attributable to Tennant Company Per Share

6 Months Ended

Jun. 30, 2020

Earnings (Loss) Attributable to Tennant Company Per Share

17.

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
	2020		2019		2020		2019
Numerator:
Net Earnings Attributable to Tennant Company	$	14.3	$	14.8	$	19.5	$	20.2
Denominator:
Basic - Weighted Average Shares Outstanding	18,347,189		18,082,492		18,317,003		18,062,591
Effect of dilutive securities:
Share-based compensation plans	237,504		312,373		297,524		304,793
Diluted - Weighted Average Shares Outstanding	18,584,693		18,394,865		18,614,527		18,367,384
Basic Earnings per Share	$	0.78	$	0.82	$	1.06	$	1.12
Diluted Earnings per Share	$	0.77	$	0.81	$	1.05	$	1.10

Excluded from the dilutive securities shown above were options to purchase and shares to be paid out under share-based compensation plans of 818,912 and 688,545 shares of common stock during the three months ended June 30, 2020 and 2019, respectively. Excluded from the dilutive securities shown above were options to purchase and shares to be paid out under share-based compensation plans of 532,564 and 664,311 shares of common stock during the six months ended June 30, 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.