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Earnings per Common Share
3 Months Ended
Mar. 31, 2018
Earnings per Common Share  
Earnings per Common Share

10.      Earnings per Common Share

 

The following table provides the computation of basic and diluted earnings per common share ("EPS") for the periods presented:

 

 

 

 

 

 

 

 

 

 

 

    

    

Three Months Ended March 31, 2018

    

(in millions, except per share amounts)

    

Net Income Available to Ingredion

    

Weighted Average Shares

    

Per Share Amount

    

Basic EPS

 

$

140

 

72.3

 

$

1.94

 

 

 

 

 

 

 

 

 

 

 

Effect of Dilutive Securities:

 

 

 

 

 

 

 

 

 

Incremental shares from assumed exercise of dilutive stock options and vesting of dilutive RSUs and other awards

 

 

 

 

1.3

 

 

 

 

Diluted EPS

 

$

140

 

73.6

 

$

1.90

 

 

 

 

 

 

 

 

 

 

 

 

    

    

Three Months Ended March 31, 2017

    

(in millions, except per share amounts)

    

Net Income Available to Ingredion

    

Weighted Average Shares

    

Per Share Amount

    

Basic EPS

 

$

124

 

72.2

 

$

1.72

 

 

 

 

 

 

 

 

 

 

 

Effect of Dilutive Securities:

 

 

 

 

 

 

 

 

 

Incremental shares from assumed exercise of dilutive stock options and vesting of dilutive RSUs and other awards

 

 

 

 

1.5

 

 

 

 

Diluted EPS

 

$

124

 

73.7

 

$

1.68

 

 

 

For the three months ended March 31, 2018 and 2017,  approximately 0.3 million share-based awards of common stock were excluded from the calculation of diluted EPS as the impact of their inclusion would have been anti-dilutive.