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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Computations of Earnings per Common Share

The computations of earnings per common share for the three months ended March 31, 2017 and 2016 were as follows:

 

(In millions, except per share data)    Three Months Ended
March 31,
 
     2017      2016  

Net Income

   $ 77.4      $ 61.0  

Less: Noncontrolling interest

     —          —    
  

 

 

    

 

 

 

Net income attributable to Fortune Brands

   $ 77.4      $ 61.0  
  

 

 

    

 

 

 

Basic earnings per common share

   $ 0.50      $ 0.39  

Diluted earnings per common share

   $ 0.50      $ 0.38  

Basic average shares outstanding

     153.3        155.7  

Stock-based awards

     2.9        3.8  
  

 

 

    

 

 

 

Diluted average shares outstanding

     156.2        159.5  

Antidilutive stock-based awards excluded from weighted-average number of shares outstanding for diluted earnings per share

     0.6        0.9