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Earnings Per Share
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table presents calculations of net income per share of common stock:
 
 
Year Ended December 31,
 
2018
 
2017
 
2016
Net income attributable to Chart Industries, Inc.
 
 
 
 
 
Income from continuing operations
$
53.6

 
$
26.2

 
$
17.0

Income from discontinued operations
34.4

 
1.8

 
11.2

Net income attributable to Chart Industries, Inc.
$
88.0

 
$
28.0

 
$
28.2

Earnings per common share – basic:
 
 
 
 
 
Income from continuing operations
$
1.73

 
$
0.85

 
$
0.55

Income from discontinued operations
1.10

 
0.06

 
0.37

Net income attributable to Chart Industries, Inc.
$
2.83

 
$
0.91

 
$
0.92

 
 
 
 
 
 
Earnings per common share – diluted:
 
 
 
 
 
Income from continuing operations
$
1.67

 
$
0.84

 
$
0.55

Income from discontinued operations
1.06

 
0.05

 
0.36

Net income attributable to Chart Industries, Inc.
$
2.73

 
$
0.89

 
$
0.91

 
 
 
 
 
 
Weighted average number of common shares outstanding — basic
31.05

 
30.74

 
30.58

Incremental shares issuable upon assumed conversion and exercise of share-based awards
0.77

 
0.60

 
0.40

Incremental shares issuable due to dilutive effect of the Convertible Notes
0.38

 

 

Incremental shares issuable due to dilutive effect of warrants

 

 

Weighted average number of common shares outstanding — diluted
32.20

 
31.34

 
30.98


Diluted earnings per share does not consider the following potential common shares as the effect would be anti-dilutive:
 
Year Ended December 31,
 
2018
 
2017
 
2016
Share-based awards
0.22

 
0.40

 
0.56

Convertible note hedge and capped call transactions (1)
0.38

 

 

Warrants
5.18

 
5.18

 
3.37

Total anti-dilutive securities
5.78

 
5.58

 
3.93


_______________
(1) 
The convertible note hedge offsets any dilution upon actual conversion of the 2024 Notes up to a common stock price of $71.775 per share. For further information, refer to Note 9, “Debt and Credit Arrangements.”