Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Calculation of Net Income (loss) Per Share

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

 

	Year Ended December 31,
	2021		2020		2019
Net income attributable to Chart Industries, Inc.
Income from continuing operations	$	59.1	$	68.9	$	31.4
Income from discontinued operations, net of tax	—		239.2		15.0
Net income attributable to Chart Industries, Inc.	$	59.1	$	308.1	$	46.4
Earnings per common share – basic:
Income from continuing operations	$	1.66	$	1.95	$	0.93
Income from discontinued operations	—		6.76		0.44
Net income attributable to Chart Industries, Inc.	$	1.66	$	8.71	$	1.37
Earnings per common share – diluted:
Income from continuing operations	$	1.44	$	1.89	$	0.89
Income from discontinued operations	—		6.56		0.43
Net income attributable to Chart Industries, Inc.	$	1.44	$	8.45	$	1.32
Weighted average number of common shares outstanding – basic	35.61		35.38		33.91
Incremental shares issuable upon assumed conversion and exercise of share-based awards	0.34		0.26		0.42
Incremental shares issuable due to dilutive effect of the convertible notes	2.76		0.53		0.82
Incremental shares issuable due to dilutive effect of warrants	2.40		0.28		0.02
Weighted average number of common shares outstanding – diluted	41.11		36.45		35.17

Schedule of Antidilutive Securities

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

	Year Ended December 31,
	2021	2020	2019
Share-based awards	0.03	0.27	0.15
Convertible note hedge and capped call transactions (1)	2.76	0.53	0.82
Warrants	—	—	—
Total anti-dilutive securities	2.79	0.80	0.97

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(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 10, “Debt and Credit Arrangements.”