Note 19 - Earnings Attributable to Tennant Company Per Share

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

19. Earnings Attributable to Tennant Company Per Share

The computations of Basic and Diluted Earnings Attributable to Tennant Company per Share for the years ended December 31 were as follows:

	2020		2019		2018
Numerator:
Net Earnings Attributable to Tennant Company	$	33.7	$	45.8	$	33.4
Denominator:
Basic - Weighted Average Shares Outstanding		18,349,724		18,118,486		17,940,438
Effect of dilutive securities		285,278		334,659		398,131
Diluted - Weighted Average Shares Outstanding		18,635,002		18,453,145		18,338,569
Basic Earnings per Share	$	1.84	$	2.53	$	1.86
Diluted Earnings per Share	$	1.81	$	2.48	$	1.82

Excluded from the dilutive securities shown above were options to purchase and shares to be paid out under share-based compensation plans of 610,118, 552,402 and 293,356 shares of common stock during 2020, 2019 and 2018, respectively. These exclusions were made if the exercise prices of these options are greater than the average market price of our common stock for the period, if the number of shares we can repurchase under the treasury stock method exceeds the weighted shares outstanding in the options or if we have a net loss, as these effects are anti-dilutive.