VALVOLINE INC Just Filed Its Quarterly Report: EARNINGS PER SHARETh...

EARNINGS PER SHARE

The following table summarizes basic and diluted earnings per share:

Three months endedSix months ended
March 31March 31
(In millions, except per share amounts)2021 202020212020
Numerator 
Net income $68 $63 $155 $136 
Denominator 
Weighted average common shares outstanding182  188 184 188 
Effect of potentially dilutive securities (a)
— — 
Weighted average diluted shares outstanding183 188 184 189 
  
Earnings per share 
Basic$0.37  $0.33 $0.84 $0.72 
Diluted$0.37  $0.33 $0.84 $0.72 
(a)During the three and six months ended March 31, 2020, there were approximately 1 million outstanding securities, primarily stock appreciation rights, not included in the computation of diluted earnings per share because the effect would have been antidilutive.

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:

VALVOLINE: Press Release Announcing Segment Realignment And Share Repurchase Authorization Document - May 19, 2021

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