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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Net sales $ 258.1 $ 263.3
Cost of sales 159.2 150.0
Gross profit 98.9 113.3
Selling and administrative expense 76.6 79.4
Research and development expense 7.7 7.4
Gain on sale of business 0.0 (9.8)
Operating income 14.6 36.3
Interest expense, net (0.3) (3.9)
Net foreign currency transaction gain 0.6 0.5
Other (expense) income, net (0.2) 0.1
Income before income taxes 14.7 33.0
Income tax expense 4.4 7.3
Net income attributable to Tennant Company $ 10.3 $ 25.7
Net income attributable to Tennant Company per share    
Basic (in dollars per share) $ 0.56 $ 1.39
Diluted (in dollars per share) $ 0.55 $ 1.37
Weighted average shares outstanding    
Basic (in shares) 18,463,419 18,456,079
Diluted (in shares) 18,799,732 18,831,423