v3.20.1
Basic and diluted earnings per share (Tables)
3 Months Ended
Mar. 31, 2020
Basic and diluted earnings per share  
Schedule of diluted net income and potentially dilutive shares utilized in the per share calculation

 

 

 

 

 

 

 

Basic

    

2020

    

2019

Numerator:

 

 

 

 

 

 

Income attributable to Atlantic Power Corporation

 

$

29.5

 

$

8.9

Denominator:

 

 

 

 

 

 

Weighted average basic shares outstanding

 

 

107.2

 

 

108.9

Basic earnings per share attributable to Atlantic Power Corporation

 

$

0.28

 

$

0.08

Diluted

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net income attributable to Atlantic Power Corporation

 

$

29.5

 

$

8.9

Add: convertible debenture interest expense

 

 

0.9

 

 

1.3

 

 

 

30.4

 

 

10.2

Denominator:

 

 

 

 

 

 

Weighted average basic shares outstanding

 

 

107.2

 

 

108.9

Convertible debentures

 

 

27.4

 

 

29.1

Share-based compensation

 

 

0.2

 

 

0.6

 

 

 

134.8

 

 

138.6

Diluted earnings per share attributable to Atlantic Power Corporation

 

$

0.23

 

$

0.07