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Earnings Per Share
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share

16.

Earnings Per Share

The computations of earnings per common share for the three months ended March 31, 2020 and 2019 were as follows:

 

(In millions, except per share data)

 

Three Months Ended

March 31,

 

 

 

 

2020

 

 

2019

 

 

Net Income

 

$

108.8

 

 

$

84.5

 

 

Less: Noncontrolling interest

 

 

(0.3

)

 

 

(0.2

)

 

Net income attributable to Fortune Brands

 

$

109.1

 

 

$

84.7

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.78

 

 

$

0.60

 

 

Diluted earnings per common share

 

$

0.77

 

 

$

0.60

 

 

 

 

 

 

 

 

 

 

 

 

Basic average shares outstanding

 

 

139.3

 

 

 

140.7

 

 

Stock-based awards

 

 

1.5

 

 

 

1.2

 

 

Diluted average shares outstanding

 

 

140.8

 

 

 

141.9

 

 

Antidilutive stock-based awards excluded from weighted-

   average number of shares outstanding for diluted

   earnings per share

 

 

0.9

 

 

 

2.8