Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2021


5.			Earnings (Loss) Per Share

Basic earnings (loss) per share is computed by dividing the income (loss) by the applicable weighted-average number of common shares outstanding for the period. Diluted earnings (loss) per share is calculated using the weighted-average number of shares of common stock as adjusted for any potentially dilutive shares as of the balance sheet date. The computation of basic and diluted earnings per share for calendar years 2021, 2020, and 2019 is as follows (in millions, except per share data):


	2021		2020		2019
Numerator (basic and diluted):
Income (loss) from continuing operations attributable to EnPro Industries, Inc.	$	177.2	$	(23.7)	$	7.8
Income from discontinued operations	—		208.1		30.5
Net income	$	177.2	$	184.4	$	38.3
Denominator:
Weighted-average shares – basic	20.6		20.5		20.7
Share-based awards	0.2		—		0.1
Weighted-average shares – diluted	20.8		20.5		20.8
Basic earnings (loss) per share:
Continuing operations	$	8.60	$	(1.15)	$	0.38
Discontinued operations	—		10.13		1.48
Net income per share	$	8.60	$	8.98	$	1.86
Diluted earnings (loss) per share:
Continuing operations	$	8.53	$	(1.15)	$	0.38
Discontinued operations	—		10.13		1.47
Net income per share	$	8.53	$	8.98	$	1.85

In the year ended December 31, 2020 there were losses attributable to continuing operations. As a result of these losses, there were 0.1 million of potentially dilutive shares excluded from the calculation of diluted earnings per share during that year since they were antidilutive.