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Note 16 - Earnings Attributable to Tennant Company Per Share | 3 Months Ended
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Mar. 31, 2021
Notes to Financial Statements |
Earnings Per Share [Text Block] |
16. | Earnings Attributable to Tennant Company Per Share
The computations of Basic and Diluted Earnings per Share were as follows:
|  | Three Months Ended |
|  | March 31 |
|  | 2021 |  |  | 2020 |
Numerator: |  |  |  |  |  |  |  |
Net Income Attributable to Tennant Company |  | $ | 25.7 |  |  | $ | 5.2 |
Denominator: |  |  |  |  |  |  |  |
Basic - Weighted Average Shares Outstanding |  |  | 18,456,079 |  |  |  | 18,286,816 |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Share-based compensation plans |  |  | 375,344 |  |  |  | 379,422 |
Diluted - Weighted Average Shares Outstanding |  |  | 18,831,423 |  |  |  | 18,666,238 |
Basic Earnings per Share |  | $ | 1.39 |  |  | $ | 0.28 |
Diluted Earnings per Share |  | $ | 1.37 |  |  | $ | 0.28 |
Excluded from the dilutive securities shown above were options to purchase and shares to be paid out under share-based compensation plans of 142,027 and 206,680 shares of common stock during the three months ended March 31, 2021 and 2020, respectively. These exclusions were made if the exercise prices of the options are greater than the average market price of our common stock for the period, if the number of shares we can repurchase under the treasury stock method exceeds the weighted average shares outstanding in the options or if we have a net loss, as these effects are anti-dilutive.

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