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Earnings Per Common Share
 9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Common Share
Earnings Per Common Share
 
(in millions, except per common share amounts)
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Net income attributable to Tempur Sealy International, Inc.
$
37.1

 
$
40.2

 
$
62.3

 
$
51.1

 
 
 
 
 
 
 
 
Denominator:
 

 
 
 
 

 
 

Denominator for basic earnings per common share-weighted average shares
60.9

 
60.5

 
60.8

 
60.3

Effect of dilutive securities:
 
 
 
 
 

 
 

Employee stock-based compensation
1.2

 
1.1

 
1.2

 
1.3

Denominator for diluted earnings per common share-adjusted weighted average shares
62.1

 
61.6

 
62.0

 
61.6

 
 
 
 
 
 
 
 
Basic earnings per common share
$
0.61

 
$
0.66

 
$
1.02

 
$
0.85

 
 
 
 
 
 
 
 
Diluted earnings per common share
$
0.60

 
$
0.65

 
$
1.00

 
$
0.83


 
The Company excluded 0.1 million and 0.3 million shares issuable upon exercise of outstanding stock options for the three months ended September 30, 2014 and 2013, respectively and excluded 0.3 million and 0.3 million shares issuable upon exercise of outstanding stock options for the nine months ended September 30, 2014 and 2013, respectively, from the diluted earnings per common share computation because their exercise price was greater than the average market price of Tempur Sealy International’s common stock or they were otherwise anti-dilutive. Holders of non-vested stock-based compensation awards do not maintain voting rights or maintain rights to receive any dividends thereon.