XML 89 R19.htm IDEA: XBRL DOCUMENT
v3.19.3

Earnings Per Share | 9 Months Ended
--- | ---
Sep. 30, 2019
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following table presents calculations of net earnings per share of common stock:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Income from continuing operations | $ | 18.7 |  |  | $ | 21.5 |  |  | $ | 34.0 |  |  | $ | 35.6 |
Income from discontinued operations, net of taxes | — |  |  | 0.7 |  |  | — |  |  | 4.7 |
Net income attributable to Chart Industries, Inc. | $ | 18.7 |  |  | $ | 22.2 |  |  | $ | 34.0 |  |  | $ | 40.3 |
Earnings per common share – basic: |  |  |  |  |  |  |
Income from continuing operations | $ | 0.52 |  |  | $ | 0.70 |  |  | $ | 1.02 |  |  | $ | 1.15 |
Income from discontinued operations | — |  |  | 0.02 |  |  | — |  |  | 0.15 |
Net income attributable to Chart Industries, Inc. | $ | 0.52 |  |  | $ | 0.72 |  |  | $ | 1.02 |  |  | $ | 1.30 |
Earnings per common share – diluted: |  |  |  |  |  |  |
Income from continuing operations | $ | 0.51 |  |  | $ | 0.65 |  |  | $ | 0.97 |  |  | $ | 1.11 |
Income from discontinued operations | — |  |  | 0.02 |  |  | — |  |  | 0.14 |
Net income attributable to Chart Industries, Inc. | $ | 0.51 |  |  | $ | 0.67 |  |  | $ | 0.97 |  |  | $ | 1.25 |
Weighted average number of common shares outstanding – basic | 35.76 |  |  | 31.03 |  |  | 33.28 |  |  | 30.97 |
Incremental shares issuable upon assumed conversion and exercise of share-based awards | 0.38 |  |  | 0.85 |  |  | 0.44 |  |  | 0.83 |
Incremental shares issuable due to dilutive effect of convertible notes | 0.59 |  |  | 0.93 |  |  | 1.04 |  |  | 0.34 |
Incremental shares issuable due to dilutive effect of warrants | — |  |  | 0.14 |  |  | 0.29 |  |  | — |
Weighted average number of common shares outstanding – diluted | 36.73 |  |  | 32.95 |  |  | 35.05 |  |  | 32.14 |
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,
| 2019 |  | 2018 |  | 2019 |  | 2018
Share-based awards | 0.19 |  |  | 0.06 |  |  | 0.14 |  |  | 0.26 |
Convertible note hedge (1) | 0.59 |  |  | 0.93 |  |  | 1.04 |  |  | 0.34 |
Warrants | 4.40 |  |  | 0.77 |  |  | — |  |  | 5.17 |
Total anti-dilutive securities | 5.18 |  |  | 1.76 |  |  | 1.18 |  |  | 5.77 |
_______________ (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 8, “Debt and Credit Arrangements.”

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration