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Net Income per Common Share
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Net Income per Common Share
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
(millions, except share and per share data) (unaudited)
March 31, 2019
 
March 31, 2018
Net income attributable to SP Plus Corporation
$
10.6

 
$
15.3

Basic weighted average common shares outstanding
22,509,050

 
22,308,694

Dilutive impact of share-based awards
158,489

 
248,632

Diluted weighted average common shares outstanding
22,667,539

 
22,557,326

Net income per common share
 

 
 

Basic
$
0.47

 
$
0.69

Diluted
$
0.47

 
$
0.68


 
For the three months ended March 31, 2019 and 2018, unvested 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.