Earnings Per Share

9 Months Ended

Sep. 30, 2016

We compute basic and diluted earnings per share ("EPS") in accordance with the two-class method. Net income attributable to Ensco used in our computations of basic and diluted EPS is adjusted to exclude net income allocated to non-vested shares granted to our employees and non-employee directors. Weighted-average shares outstanding used in our computation of diluted EPS is calculated using the treasury stock method and excludes non-vested shares.

The following table is a reconciliation of income from continuing operations attributable to Ensco shares used in our basic and diluted EPS computations for the three-month and nine-month periods ended September 30, 2016 and 2015 (in millions):



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Income from continuing operations attributable to Ensco	$	86.0		$	315.4		$	853.0		$	910.7
Income from continuing operations allocated to non-vested share awards	(1.8		)	(4.8		)	(15.1		)	(12.2		)
Income from continuing operations attributable to Ensco shares	$	84.2		$	310.6		$	837.9		$	898.5

The following table is a reconciliation of the weighted-average shares used in our basic and diluted EPS computations for the three-month and nine-month periods ended September 30, 2016 and 2015 (in millions):



	Three Months Ended September 30,		Nine Months Ended September 30,
	2016	2015	2016	2015
Weighted-average shares - basic	298.6	232.4	272.0	232.2
Potentially dilutive shares	—	.1	—	—
Weighted-average shares - diluted	298.6	232.5	272.0	232.2

Antidilutive share awards totaling 1,200,000 were excluded from the computation of diluted EPS for the three-month and nine-month periods ended September 30, 2016. Antidilutive share awards totaling 900,000 were excluded from the computation of diluted EPS for the three-month and nine-month periods ended September 30, 2015.