XML 50 R39.htm IDEA: XBRL DOCUMENT v3.21.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Calculation of net income per share
The following table represents calculations of net earnings per share of common stock:
 Three Months Ended March 31,
 20212020
Net income attributable to Chart Industries, Inc.
Income from continuing operations$25.6 $2.1 
Income from discontinued operations, net of tax— 6.4 
Net income attributable to Chart Industries, Inc.$25.6 $8.5 
Earnings per common share – basic:
Income from continuing operations$0.72 $0.06 
Income from discontinued operations— 0.18 
Net income attributable to Chart Industries, Inc.$0.72 $0.24 
Earnings per common share – diluted:
Income from continuing operations$0.63 $0.06 
Income from discontinued operations— 0.18 
Net income attributable to Chart Industries, Inc.$0.63 $0.24 
Weighted average number of common shares outstanding – basic35.55 35.77 
Incremental shares issuable upon assumed conversion and exercise of share-based awards0.33 0.24 
Incremental shares issuable due to dilutive effect of convertible notes2.57 — 
Incremental shares issuable due to dilutive effect of warrants2.17 — 
Weighted average number of common shares outstanding – diluted40.62 36.01 
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 March 31,
 20212020
Share-based awards0.06 0.50 
Convertible note hedge and capped call transactions (1)
2.57 — 
Warrants— 4.41 
Total anti-dilutive securities2.63 4.91 
 _______________
(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.”