NOTE 11 — NET INCOME PER COMMON SHARE COMPUTATIONS
The following is a reconciliation of the numerator and denominator of the net income per common share computations:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in millions, except per share data)
2016
 
2015
 
2016
 
2015
Numerator for basic income per common share:
 
 
 
 
 
 
 
Net income
$
8.7

 
$
4.2

 
$
81.3

 
$
57.7

Net income allocated to participating securities
(0.1
)
 

 
(1.4
)
 
(0.9
)
Numerator for basic income per common share
$
8.6

 
$
4.2

 
$
79.9

 
$
56.8

 
 
 
 
 
 
 
 
Numerator for diluted income per common share
$
8.7

 
$
4.2

 
$
81.3

 
$
57.7

 
 
 
 
 
 
 
 
Denominator for basic and diluted net income per common share:
 
 
 
 
 
 
 
Basic
16.4

 
17.3

 
16.5

 
17.3

Plus dilutive effect of stock options and restricted stock
0.2

 
0.2

 
0.2

 
0.1

Plus dilutive effect of participating securities
0.3

 
0.3

 
0.3

 
0.3

Diluted
16.9

 
17.8

 
17.0

 
17.7

 
 
 
 
 
 
 
 
Income per common share:
 
 
 
 
 
 
 
Basic
$
0.52

 
$
0.24

 
$
4.85

 
$
3.28

Diluted
$
0.52

 
$
0.24

 
$
4.79

 
$
3.26

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

PAR Capital Management, Inc. just provided an update on share ownership of Churchill Downs - Feb. 14, 2018
Matthew Sidman just provided an update on share ownership of Churchill Downs - Feb. 14, 2018
Tender offer statement by Issuer - Feb. 12, 2018
The Vanguard Group just provided an update on share ownership of Churchill Downs - Feb. 9, 2018
Tender offer statement by Issuer - Feb. 8, 2018

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