Basic and diluted earnings per share were calculated as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Third Quarter | | Year-to-date | | | In millions except share and per-share data | 2021 | | 2020 | | 2021 | | 2020 | | | Basic earnings: | | | | | | | | | | Net income from continuing operations | $ | 6.0 | | | $ | 2.4 | | | $ | 26.5 | | | $ | 14.2 | | | | Net (loss) / income from discontinued operations | (1.2) | | | 0.2 | | | 3.8 | | | (1.3) | | | | Net income | $ | 4.8 | | | $ | 2.6 | | | $ | 30.3 | | | $ | 12.9 | | | | | | | | | | | | | | Weighted average number of £0.50 ordinary shares: | | | | | | | | | | For basic earnings per share | 27,722,472 | | | 27,619,298 | | | 27,718,874 | | | 27,532,823 | | | | Dilutive effect of potential common stock | 311,260 | | | 394,408 | | | 353,281 | | | 426,119 | | | | For diluted earnings per share | 28,033,732 | | | 28,013,706 | | | 28,072,155 | | | 27,958,942 | | | | | | | | | | | | | | Earnings / (loss) per share using weighted average number of ordinary shares outstanding3: | | | Basic earnings per ordinary share for continuing operations | $ | 0.22 | | | $ | 0.09 | | | $ | 0.96 | | | $ | 0.52 | | | | Basic (loss) / earnings per ordinary share for discontinued operations | (0.04) | | | 0.01 | | | 0.14 | | | (0.05) | | | | Basic earnings per ordinary share | $ | 0.17 | | | $ | 0.09 | | | $ | 1.09 | | | $ | 0.47 | | | | | | | | | | | | | | Diluted earnings per ordinary share for continuing operations | $ | 0.21 | | | $ | 0.09 | | | $ | 0.94 | | | $ | 0.51 | | | | Diluted (loss) / earnings per ordinary share for discontinued operations | (0.04) | | | 0.01 | | | 0.14 | | | (0.05) | | | | Diluted earnings per ordinary share | $ | 0.17 | | | $ | 0.09 | | | $ | 1.08 | | | $ | 0.46 | | |
3 The calculation of earnings per share is performed separately for continuing and discontinued operations. As a result, the sum of the two in any particular period may not equal the earnings-per-share amount in total
|