Net Income per Common Share

Basic net income per share is computed by dividing net income by the weighted daily average number of shares of common stock outstanding during the period. Diluted net income per share is based upon the weighted daily average number of shares of common stock outstanding for the period plus dilutive potential common shares, including stock options and restricted stock units using the treasury-stock method.

A reconciliation of the weighted average basic common shares outstanding to the weighted average diluted common shares outstanding is as follows:



	Three Months Ended				Six Months Ended
(millions, except share and per share data) (unaudited)	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Net income attributable to SP Plus Corporation	$	15.3	$	16.2	$	30.6	$	22.2
Basic weighted average common shares outstanding	22,370,923		22,190,421		22,335,835		22,178,143
Dilutive impact of share-based awards	273,961		324,813		261,296		312,226
Diluted weighted average common shares outstanding	22,644,884		22,515,234		22,597,131		22,490,369
Net income per common share
Basic	$	0.68	$	0.73	$	1.37	$	1.00
Diluted	$	0.68	$	0.72	$	1.36	$	0.98

For the three and six months ended June 30, 2018 and 2017, performance share units were excluded from the computation of weighted average diluted common share outstanding because the number of shares ultimately issuable is contingent on the Company's performance goals, which were not achieved as of the reporting date.

There are no additional securities that could dilute basic earnings per share in the future that were not included in the computation of diluted earnings per share, other than those disclosed.