Income Attributable to Tennant Company Per Share

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Income Attributable to Tennant Company Per Share

Income Attributable to Tennant Company Per Share

The computations of basic and diluted earnings attributable to Tennant Company per share for the years ended December 31 were as follows:

	2024		2023		2022
Numerator:
Net income	$	83.7	$	109.5	$	66.3
Denominator:
Basic - weighted average shares outstanding	18,786,871		18,509,523		18,494,356
Effect of dilutive securities	309,267		274,110		202,899
Diluted - weighted average shares outstanding	19,096,138		18,783,633		18,697,255
Basic earnings per share	$	4.46	$	5.92	$	3.58
Diluted earnings per share	$	4.38	$	5.83	$	3.55

Excluded from the dilutive securities shown above were options to purchase and shares to be paid out under share-based compensation plans of 97,463, 249,690 and 649,054 shares of common stock during 2024, 2023 and 2022, respectively. These exclusions were made if the exercise prices of these 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 shares outstanding in the options, or if we have a net loss, as these effects are anti-dilutive.