Income Attributable to Tennant Company Per Share

12 Months Ended

Dec. 31, 2025

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:

	2025		2024		2023
Numerator:
Net income	$	43.8	$	83.7	$	109.5
Denominator:
Basic - weighted average shares outstanding	18,366,216		18,786,871		18,509,523
Effect of dilutive securities	213,491		309,267		274,110
Diluted - weighted average shares outstanding	18,579,707		19,096,138		18,783,633
Basic earnings per share	$	2.38	$	4.46	$	5.92
Diluted earnings per share	$	2.36	$	4.38	$	5.83

Excluded from the dilutive securities shown above were options to purchase and shares to be paid out under share-based compensation plans of 150,421, 97,463 and 249,690 shares of common stock during 2025, 2024 and 2023, 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.