Earnings Per Share

12 Months Ended

Dec. 31, 2020

EARNINGS PER SHARE

The numerator for basic and diluted earnings per share (“EPS”) is net earnings attributable to Mosaic. The denominator for basic EPS is the weighted average number of shares outstanding during the period. The denominator for diluted EPS also includes the weighted average number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued, unless the shares are anti-dilutive.

The following is a reconciliation of the numerator and denominator for the basic and diluted EPS computations:


	Years Ended December 31,
(in millions)	2020		2019		2018
Net earnings (loss) attributable to Mosaic	$	666.1	$	(1,067.4)	$	470.0
Basic weighted average number of shares outstanding attributable to common stockholders	379.0		383.8		384.8
Dilutive impact of share-based awards	2.3		—		1.6
Diluted weighted average number of shares outstanding	381.3		383.8		386.4
Basic net earnings (loss) per share	$	1.76	$	(2.78)	$	1.22
Diluted net earnings (loss) per share	$	1.75	$	(2.78)	$	1.22

A total of 2.3 million shares for 2020, 2.5 million shares for 2019 and 2.0 million shares for 2018 of common stock subject to issuance related to share-based awards have been excluded from the calculation of diluted EPS because the effect would have been anti-dilutive.