Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2019

The following table presents calculations of net earnings per share of common stock:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Income from continuing operations	$	18.7	$	21.5	$	34.0	$	35.6
Income from discontinued operations, net of taxes	—		0.7		—		4.7
Net income attributable to Chart Industries, Inc.	$	18.7	$	22.2	$	34.0	$	40.3

Earnings per common share – basic:
Income from continuing operations	$	0.52	$	0.70	$	1.02	$	1.15
Income from discontinued operations	—		0.02		—		0.15
Net income attributable to Chart Industries, Inc.	$	0.52	$	0.72	$	1.02	$	1.30

Earnings per common share – diluted:
Income from continuing operations	$	0.51	$	0.65	$	0.97	$	1.11
Income from discontinued operations	—		0.02		—		0.14
Net income attributable to Chart Industries, Inc.	$	0.51	$	0.67	$	0.97	$	1.25

Weighted average number of common shares outstanding – basic	35.76		31.03		33.28		30.97
Incremental shares issuable upon assumed conversion and exercise of share-based awards	0.38		0.85		0.44		0.83
Incremental shares issuable due to dilutive effect of convertible notes	0.59		0.93		1.04		0.34
Incremental shares issuable due to dilutive effect of warrants	—		0.14		0.29		—
Weighted average number of common shares outstanding – diluted	36.73		32.95		35.05		32.14

Schedule of Antidilutive Securities

Diluted earnings per share does not reflect the following potential common shares as the effect would be anti-dilutive:



	Three Months Ended September 30,		Nine Months Ended September 30,
	2019	2018	2019	2018
Share-based awards	0.19	0.06	0.14	0.26
Convertible note hedge ⁽¹⁾	0.59	0.93	1.04	0.34
Warrants	4.40	0.77	—	5.17
Total anti-dilutive securities	5.18	1.76	1.18	5.77

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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 8, “Debt and Credit Arrangements.”