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Earnings Per Common Share
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Common Share
Earnings Per Common Share

 
Year Ended December 31,
(in millions, except per common share amounts)
2013
 
2012
 
2011
Numerator:
 
 
 
 
 
Net income attributable to Tempur Sealy International, Inc.
$
78.6

 
$
106.8

 
$
219.6

 
 
 
 
 
 
Denominator:
 
 
 
 
 
Denominator for basic earnings per common share—weighted average shares
60.3

 
61.5

 
67.1

Effect of dilutive securities:
 
 
 
 
 
Employee stock based compensation
1.3

 
1.4

 
2.0

Denominator for diluted earnings per common share—adjusted weighted average shares
61.6

 
62.9

 
69.1

 
 
 
 
 
 
Basic earnings per common share
$
1.30

 
$
1.74

 
$
3.27

 
 
 
 
 
 
Diluted earnings per common share
$
1.28

 
$
1.70

 
$
3.18



The Company excluded 0.30 million and 0.20 million and 0.01 million shares issuable upon exercise of outstanding stock options for the years ended December 31, 2013, 2012, and 2011, respectively, from the diluted earnings per common share computation because their exercise price was greater than the average market price of Tempur Sealy International’s common stock or they were otherwise anti-dilutive. Holders of non-vested stock-based compensation awards do not have voting rights or rights to receive any dividends on the shares covered by the awards.