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Earnings per Common Share
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Earnings per Common Share
Earnings per Common Share
The following table sets forth the computation of basic and diluted earnings per common share (in millions, except per share amounts):
 
Three Months Ended March 31,
 
2019
 
2018
Basic:
 
 
 
Numerator:
 
 
 
Income from continuing operations
$
125.7

 
$
105.7

Less: Net income attributable to noncontrolling interests included in continuing operations
(22.9
)
 
(21.4
)
Less: Income allocated to participating securities
(0.4
)
 
(0.3
)
Income from continuing operations attributable to Encompass Health common shareholders
102.4

 
84.0

Loss from discontinued operations, net of tax, attributable to Encompass Health common shareholders
(0.5
)
 
(0.5
)
Net income attributable to Encompass Health common shareholders
$
101.9

 
$
83.5

Denominator:
 
 
 
Basic weighted average common shares outstanding
98.4

 
97.8

Basic earnings per share attributable to Encompass Health common shareholders:
 
 
 
Continuing operations
$
1.05

 
$
0.86

Discontinued operations
(0.01
)
 
(0.01
)
Net income
$
1.04

 
$
0.85

 
 
 
 
Diluted:
 
 
 
Numerator:
 
 
 
Income from continuing operations
$
125.7

 
$
105.7

Less: Net income attributable to noncontrolling interests included in continuing operations
(22.9
)
 
(21.4
)
Income from continuing operations attributable to Encompass Health common shareholders
102.8

 
84.3

Loss from discontinued operations, net of tax, attributable to Encompass Health common shareholders
(0.5
)
 
(0.5
)
Net income attributable to Encompass Health common shareholders
$
102.3

 
$
83.8

Denominator:
 
 
 
Diluted weighted average common shares outstanding
99.7

 
99.4

Diluted earnings per share attributable to Encompass Health common shareholders:
 
 
 
Continuing operations
$
1.04

 
$
0.85

Discontinued operations
(0.01
)
 
(0.01
)
Net income
$
1.03

 
$
0.84


The following table sets forth the reconciliation between basic weighted average common shares outstanding and diluted weighted average common shares outstanding (in millions):
 
Three Months Ended March 31,
 
2019
 
2018
Basic weighted average common shares outstanding
98.4

 
97.8

Restricted stock awards, dilutive stock options, and restricted stock units
1.3

 
1.6

Diluted weighted average common shares outstanding
99.7

 
99.4


In October 2018 and February 2019, our board of directors declared cash dividends of $0.27 per share that were paid in January and April 2019, respectively. As of March 31, 2019 and December 31, 2018, accrued common stock dividends of $27.8 million and $28.4 million, respectively, were included in Accrued expenses and other current liabilities in our condensed consolidated balance sheets. Future dividend payments are subject to declaration by our board of directors.
See Note 16, Earnings per Common Share, to the consolidated financial statements accompanying the 2018 Form 10‑K for additional information related to our common stock.