XML 28 R14.htm IDEA: XBRL DOCUMENT v3.20.4
Earnings per share
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Earnings per share Earnings per share
Basic earnings per share are computed by dividing net income for the period by the weighted-average number of ordinary shares outstanding, net of Treasury shares and shares held in ESOP. Diluted earnings per share are computed by dividing net income for the period by the weighted average number of ordinary shares outstanding and the dilutive ordinary shares equivalents.
Basic and diluted earnings per share were calculated as follows:
Years ended December 31,
In millions except share and per-share data202020192018
Basic earnings:
Net income from continuing operations$20.8 $8.7 $27.7 
Net loss from discontinued operations(0.8)(5.6)(2.7)
Net income$20.0 $3.1 $25.0 
Weighted average number of £0.50 ordinary shares:
For basic earnings per share27,557,219 27,289,042 26,708,469 
Dilutive effect of potential common stock414,163 593,822 983,793 
For diluted earnings per share27,971,382 27,882,864 27,692,262 
Earnings per share using weighted average number of ordinary shares outstanding:(1)
Basic earnings per ordinary share for continuing operations$0.75 $0.32 $1.04 
Basic loss per ordinary share for discontinued operations$(0.03)$(0.21)$(0.10)
Basic earnings per ordinary share$0.73 $0.11 $0.94 
Diluted earnings per ordinary share for continuing activities$0.74 $0.31 $1.00 
Diluted loss per ordinary share for discontinued operations$(0.03)$(0.21)$(0.10)
Diluted earnings per ordinary share $0.72 $0.11 $0.90