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Note 16 - Earnings Attributable to Tennant Company Per Share

3 Months Ended

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.