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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Basic and Diluted EPS Computations
Reconciliations of the amounts of income and shares of PPL common stock (in thousands) for the period ended March 31 used in the EPS calculation are:
 
Three Months
 
2020
 
2019
Income (Numerator)
 

 
 

Net income
$
554

 
$
466

Less amounts allocated to participating securities
1

 

Net income available to PPL common shareowners - Basic and Diluted
$
553

 
$
466

 
 
 
 
Shares of Common Stock (Denominator)
 

 
 

Weighted-average shares - Basic EPS
767,948

 
721,023

Add incremental non-participating securities:
 

 
 

Share-based payment awards
790

 
1,023

Forward sale agreements

 
7,907

Weighted-average shares - Diluted EPS
768,738

 
729,953

 
 
 
 
Basic EPS
 

 
 

Net Income available to PPL common shareowners
$
0.72

 
$
0.65

 
 
 
 
Diluted EPS
 

 
 

Net Income available to PPL common shareowners
$
0.72

 
$
0.64

 
Common Stock Issuances
For the period ended March 31, PPL issued common stock related to stock-based compensation plans and the DRIP as follows (in thousands):
 
Three Months
 
2020
 
2019
Stock-based compensation plans
598

 
590

DRIP
434

 
458



Antidilutive Securities Excluded From Diluted EPS
For the period ended March 31, the following shares (in thousands) were excluded from the computations of diluted EPS because the effect would have been antidilutive.
 
Three Months
 
2020
 
2019
Stock-based compensation awards
250