EARNINGS PER SHARE |
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Jun. 30, 2020 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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NET INCOME PER SHARE |
19. EARNINGS PER SHARE
Basic earnings per share excludes dilution and is computed by dividing net income attributable to Huntsman Corporation common stockholders by the weighted average number of shares outstanding during the period. Diluted earnings per share reflects all potential dilutive common shares outstanding during the period and is computed by dividing net income available to Huntsman Corporation common stockholders by the weighted average number of shares outstanding during the period increased by the number of additional shares that would have been outstanding as dilutive securities.
Basic and diluted earnings per share is determined using the following information (in millions):
Additional stock-based awards of 6.6 million and 3.8 million weighted average equivalent shares of stock were outstanding during the three months ended June 30, 2020 and 2019, respectively, and 6.3 million and 3.5 million weighted average equivalent shares of stock were outstanding during the six months ended June 30, 2020 and 2019, respectively. However, these stock-based awards were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2020 and 2019 because the effect would be anti-dilutive. |