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Earnings Per Share
 3 Months Ended
Mar. 31, 2021
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, 2021 and 2020 were as follows:

 

(In millions, except per share data)

 

Three Months Ended

March 31,

 

 

 

2021

 

 

2020

 

Net income

 

$

177.8

 

 

$

108.8

 

Less: Noncontrolling interest

 

 

—

 

 

 

(0.3

)

Net income attributable to Fortune Brands

 

 

177.8

 

 

 

109.1

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

1.28

 

 

$

0.78

 

Diluted earnings per common share

 

$

1.26

 

 

$

0.77

 

 

 

 

 

 

 

 

 

 

Basic average shares outstanding

 

 

138.6

 

 

 

139.3

 

Stock-based awards

 

 

2.0

 

 

 

1.5

 

Diluted average shares outstanding

 

 

140.6

 

 

 

140.8

 

Antidilutive stock-based awards excluded from weighted-

   average number of shares outstanding for diluted

   earnings per share

 

 

0.2

 

 

 

0.9