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Earnings Per Share
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table presents calculations of net earnings (loss) per share of common stock:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Net income (loss) attributable to Chart Industries, Inc.
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
21.5

 
$
(0.6
)
 
$
35.6

 
$
(1.2
)
Income from discontinued operations, net of tax
0.7

 
2.1

 
4.7

 
2.6

Net income attributable to Chart Industries, Inc.
$
22.2

 
$
1.5

 
$
40.3

 
$
1.4

Earnings (loss) per common share – basic:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.70

 
$
(0.02
)
 
$
1.15

 
$
(0.04
)
Income from discontinued operations
0.02

 
0.07

 
0.15

 
0.08

Net income attributable to Chart Industries, Inc.
$
0.72

 
$
0.05

 
$
1.30

 
$
0.04

 
 
 
 
 
 
 
 
Earnings (loss) per common share – diluted:
 
 
 
 
 
 
 
Income (loss) from continuing operations (1)
$
0.65

 
$
(0.02
)
 
$
1.11

 
$
(0.04
)
Income from discontinued operations
0.02

 
0.07

 
0.14

 
0.08

Net income attributable to Chart Industries, Inc.
$
0.67

 
$
0.05

 
$
1.25

 
$
0.04

 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding – basic
31.03

 
30.76

 
30.97

 
30.73

Incremental shares issuable upon assumed conversion and exercise of share-based awards
0.85

 
0.55

 
0.83

 
0.56

Incremental shares issuable due to dilutive effect of convertible notes

0.93

 

 
0.34

 

Incremental shares issuable due to dilutive effect of warrants
0.14

 

 

 

Weighted average number of common shares outstanding – diluted
32.95

 
31.31

 
32.14

 
31.29


 _______________
(1) 
Zero incremental shares from share-based awards are included in the computation of diluted net loss per share for periods in which a net loss occurs because to do so would be anti-dilutive.
Diluted earnings per share does not reflect the following potential common shares as the effect would be anti-dilutive:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Share-based awards
0.06

 
0.63

 
0.26

 
0.67

Convertible note hedge (1)

0.93

 

 
0.34

 

Warrants
0.77

 
3.37

 
5.17

 
3.37

Total anti-dilutive securities
1.76

 
4.00

 
5.77

 
4.04

 _______________
(1) 
The convertible note hedge offsets any dilution upon actual conversion of the 2024 Notes up to a common stock price of $71.775 per share. For further information, refer to Note 7, “Debt and Credit Arrangements.”