XML 129 R111.htm IDEA: XBRL DOCUMENT v3.22.0.1
Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Numerator:                      
Net income from continuing operations attributable to Hubbell $ 99.5 $ 103.4 $ 88.8 $ 73.3 $ 79.8 $ 97.1 $ 85.9 $ 67.2 $ 365.0 $ 330.0 $ 361.5
Less: Earnings allocated to participating securities                 (1.1) (1.1) (1.3)
Net income from continuing operations available to common shareholders                 363.9 328.9 360.2
Net income from discontinued operations attributable to Hubbell Incorporated                 34.5 21.2 39.4
Less: Earnings allocated to participating securities                 (0.1) (0.1) (0.1)
Net income from discontinued operations available to common shareholders                 34.4 21.1 39.3
Net income attributable to Hubbell Incorporated                 399.5 351.2 400.9
Less: Earnings allocated to participating securities                 (1.2) (1.2) (1.4)
Net income available to common shareholders                 $ 398.3 $ 350.0 $ 399.5
Denominator:                      
Average number of common shares outstanding (shares)                 54.3 54.2 54.4
Potential dilutive shares (shares)                 0.4 0.3 0.3
Average number of diluted shares outstanding (shares)                 54.7 54.5 54.7
Basic earnings per share:                      
Basic earnings per share from continuing operations (USD per share) $ 1.82 $ 1.89 $ 1.63 $ 1.34 $ 1.47 $ 1.79 $ 1.58 $ 1.23 $ 6.70 $ 6.07 $ 6.63
Basic earnings per share from discontinued operations (USD per share) 0.33 0.10 0.13 0.09 0.02 0.18 0.04 0.15 0.63 0.39 0.72
Basic earnings per share (USD per share) 2.15 1.99 1.76 1.43 1.49 1.97 1.62 1.38 7.33 6.46 7.35
Diluted earnings per share:                      
Diluted earnings per share from continuing operations (USD per share) 1.81 1.88 1.62 1.33 1.46 1.78 1.58 1.23 6.66 6.04 6.59
Diluted earnings per share from discontinued operations (USD per share) 0.33 0.10 0.12 0.09 0.02 0.18 0.04 0.14 0.62 0.39 0.72
Diluted earnings per share (USD per share) $ 2.14 $ 1.98 $ 1.74 $ 1.42 $ 1.48 $ 1.96 $ 1.62 $ 1.37 $ 7.28 $ 6.43 $ 7.31