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Earnings Per Share
 6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Earnings Per Share

16.

Earnings Per Share

The computations of earnings per common share for the six and three months ended June 30, 2021 and 2020 were as follows:

 

(In millions, except per share data)

 

Six Months Ended

June 30,

 

 

Three Months Ended

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Net income

 

$

395.0

 

 

$

225.0

 

 

$

217.2

 

 

$

116.2

 

Less: Noncontrolling interest

 

 

—

 

 

 

0.1

 

 

 

—

 

 

 

0.4

 

Net income attributable to Fortune Brands

 

 

395.0

 

 

 

224.9

 

 

 

217.2

 

 

 

115.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

2.85

 

 

$

1.62

 

 

$

1.57

 

 

$

0.84

 

Diluted earnings per common share

 

$

2.81

 

 

$

1.61

 

 

$

1.55

 

 

$

0.83

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic average shares outstanding

 

 

138.5

 

 

 

138.6

 

 

 

138.4

 

 

 

138.0

 

Stock-based awards

 

 

2.0

 

 

 

1.2

 

 

 

2.0

 

 

 

0.8

 

Diluted average shares outstanding

 

 

140.5

 

 

 

139.8

 

 

 

140.4

 

 

 

138.8

 

Antidilutive stock-based awards excluded from weighted-

   average number of shares outstanding for diluted

   earnings per share

 

 

0.3

 

 

 

1.4

 

 

 

0.4

 

 

 

1.9