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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings per common share
The following table sets forth the components of the numerator and denominator for the computation of basic and diluted earnings per share for net income attributable to Tempur Sealy International. As presented on the Company's Condensed Consolidated Statements of Income, the Company has included the effect of the $0.2 million and $1.1 million Comfort Revolution redemption value adjustment, net of tax, for the three and nine months ended September 30, 2015 in net income attributable to Tempur Sealy International, Inc. below. As of September 30, 2016, the accumulated earnings exceeded the redemption value and, accordingly, a redemption value adjustment was not necessary for the three or nine months ended September 30, 2016.
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(in millions, except per common share amounts)
2016
 
2015
 
2016
 
2015
Numerator:
 
 
 
 
 
 
 
Net income attributable to Tempur Sealy International, Inc.
$
77.8

 
$
40.2

 
$
138.7

 
$
84.8

 
 
 
 
 
 
 
 
Denominator:
 

 
 
 
 

 
 

Denominator for basic earnings per common share-weighted average shares
58.2

 
62.1

 
60.1

 
61.4

Effect of dilutive securities:
 
 
 
 
 

 
 

Employee stock-based compensation
0.6

 
0.8

 
0.7

 
1.1

Denominator for diluted earnings per common share-adjusted weighted average shares
58.8

 
62.9

 
60.8

 
62.5

 
 
 
 
 
 
 
 
Basic earnings per common share
$
1.34

 
$
0.65

 
$
2.31

 
$
1.38

 
 
 
 
 
 
 
 
Diluted earnings per common share
$
1.32

 
$
0.64

 
$
2.28

 
$
1.36