XML 48 R39.htm IDEA: XBRL DOCUMENT v3.20.2

Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Calculation of net income 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,
			2020						2019						2020						2019
Net income attributable to Chart Industries, Inc.
Income from continuing operations			$	15.6					$	13.8					$	31.4					$	15.0
Income from discontinued operations, net of tax			6.1						5.0						18.9						19.0
Net income attributable to Chart Industries, Inc.			$	21.7					$	18.8					$	50.3					$	34.0
Earnings per common share – basic:
Income from continuing operations			$	0.44					$	0.39					$	0.89					$	0.45
Income from discontinued operations			0.18						0.14						0.53						0.57
Net income attributable to Chart Industries, Inc.			$	0.62					$	0.53					$	1.42					$	1.02
Earnings per common share – diluted:
Income from continuing operations			$	0.43					$	0.38					$	0.88					$	0.43
Income from discontinued operations			0.17						0.13						0.53						0.54
Net income attributable to Chart Industries, Inc.			$	0.60					$	0.51					$	1.41					$	0.97
Weighted average number of common shares outstanding – basic			35.23						35.76						35.40						33.28
Incremental shares issuable upon assumed conversion and exercise of share-based awards			0.28						0.38						0.21						0.44
Incremental shares issuable due to dilutive effect of convertible notes			0.43						0.59						—						1.04
Incremental shares issuable due to dilutive effect of warrants			—						—						—						0.29
Weighted average number of common shares outstanding – diluted			35.94						36.73						35.61						35.05

Schedule of antidilutive securities

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,
			2020						2019						2020						2019
Share-based awards			0.25						0.19						0.46						0.14
Convertible note hedge and capped call transactions (1)			0.43						0.59						—						1.04
Warrants			4.40						4.40						4.40						—
Total anti-dilutive securities			5.08						5.18						4.86						1.18

 _______________

⁽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 9, “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

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration