XML 52 R41.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings (loss) per share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
 
Three Months Ended June 30,
 
Six Months Ended June 30,
In millions (except share and per share data)
2017
 
2016
 
2017
 
2016
Net income (loss) attributable to Ingevity stockholders
$
32.1

 
$
24.1

 
$
51.1

 
$
33.3

 
 
 
 
 
 
 
 
Basic and Diluted earnings (loss) per share (1)
 
 
 
 
 
 
 
Basic earnings (loss) per share
$
0.76

 
$
0.57

 
$
1.21

 
$
0.79

Diluted earnings (loss) per share
0.76

 
0.57

 
1.21

 
0.79

 
 
 
 
 
 
 
 
Shares: (2)
 
 
 
 
 
 
 
Weighted average number of shares of common stock outstanding - Basic
42,145

 
42,102

 
42,136

 
42,102

Weighted average additional shares assuming conversion of potential common shares
282

 
24

 
258

 
24

Shares - diluted basis
42,427

 
42,126

 
42,394

 
42,126

_______________
(1)
Diluted earnings (loss) per share is calculated using net income (loss) available to common stockholders divided by diluted weighted-average shares of common shares outstanding during each period, which includes the dilutive effect of outstanding equity awards. Basic and diluted earnings (loss) per share for the three and six months ended June 30, 2017 is calculated using the weighted average number of common shares outstanding for the period. Basic and diluted earnings (loss) per share for the three and six months ended June 30, 2016 is calculated using the weighted average number of common shares outstanding for the period beginning after the Distribution Date.
(2)
Shares are presented in thousands.
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following average number of potential common shares were antidilutive and, therefore, were not included in the diluted earnings per share calculation:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
In thousands
2017
 
2016
 
2017
 
2016
Average number of potential common shares - antidilutive
94

 
157

 
132

 
157