Snap-On Incorporated Just Filed Its Quarterly Report: Earnings Per ShareTh...

Earnings Per Share

The shares used in the computation of the company’s basic and diluted earnings per common share are as follows:
Three Months EndedSix Months Ended
July 3, 2021June 27, 2020July 3, 2021June 27, 2020
Weighted-average common shares outstanding54,051,436 54,413,820 54,117,937 54,468,839 
Effect of dilutive securities1,256,296 378,730 1,094,874 451,621 
Weighted-average common shares outstanding, assuming dilution
55,307,732 54,792,550 55,212,811 54,920,460 

The dilutive effect of the potential exercise of outstanding options and stock-settled SARs to purchase common shares is calculated using the treasury stock method. As of July 3, 2021, there were no awards outstanding that were anti-dilutive; as of June 27, 2020, there were 3,238,975 awards outstanding that were anti-dilutive. Performance-based equity awards are included in the diluted earnings per share calculation based on the attainment of the applicable performance metrics to date.

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:

Snap-On Incorporated director just disposed of 3,219 shares - Sept. 10, 2021
Snap-On Incorporated's Sr VP - Finance & CFO just picked up 3,088 shares - Sept. 10, 2021

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