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, 2017

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


	Year ended December 31,
Numerator:	2017			2016			2015
	(dollars in millions, except share and per share data)
Net income attributable to controlling stockholders and participating securities	$	30.9		$	14.7		$	8.0
Less: Dividends paid on participating securities		(1.9	)		(1.8	)		(1.4	)
Undistributed earnings attributable to participating securities		—			—			—

Net income attributable to controlling stockholders	$	29.0		$	12.9		$	6.6


Denominator:
Weighted-average number of common shares—basic		50,361,672			40,290,717			30,761,151

Weighted-average number of common shares—diluted		50,361,672			40,290,717			30,761,151

Basic earnings per common share	$	0.57		$	0.32		$	0.21

Diluted earnings per common share	$	0.57		$	0.32		$	0.21


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

Unvested restricted common stock outstanding (i.e. participating securities)		1,399,593			1,181,672			1,248,069