HA Sustainable Infrastructure Capital, Inc. Annual report pursuant to Section 13 and 15(d)

Earnings per Share of Common Stock (Tables)

12 Months Ended

Dec. 31, 2016

The computation of basic and diluted earnings per common share is as follows:


	Year ended December 31,
Numerator:	2016			2015			2014
	(in millions, except share and per share data)
Net income attributable to controlling shareholders and participating securities	$	14.7		$	8.0		$	9.6
Less: Dividends paid on participating securities		(1.8	)		(1.4	)		(0.8	)
Undistributed earnings attributable to participating securities		—			—			—

Net income attributable to controlling shareholders	$	12.9		$	6.6		$	8.8


Denominator:
Weighted-average number of common shares—basic		40,290,717			30,761,151			20,656,826

Weighted-average number of common shares—diluted		40,290,717			30,761,151			20,656,826

Basic earnings per common share	$	0.32		$	0.21		$	0.43

Diluted earnings per common share	$	0.32		$	0.21		$	0.43


Other Information:
Weighted-average number of OP units		284,992			294,884			342,648

Unvested restricted common stock outstanding		1,181,672			1,248,069			964,820