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

Earnings per Share of Common Stock (Tables)

9 Months Ended

Sep. 30, 2016

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


	Three Months Ended September 30,						Nine Months Ended September 30,
Numerator:	2016			2015			2016			2015
	(in millions, except share and per share data)
Net income attributable to controlling shareholders and participating securities	$	3.3		$	2.1		$	10.2		$	5.7
Less: Dividends paid on participating securities		(0.4	)		(0.3	)		(1.3	)		(1.0	)
Undistributed earnings attributable to participating securities		—			—			—			—

Net income attributable to controlling shareholders	$	2.9		$	1.8		$	8.9		$	4.7


Denominator:
Weighted-average number of common shares — basic		41,988,036			31,221,982			38,924,977			29,046,742

Weighted-average number of common shares — diluted		41,988,036			31,221,982			38,924,977			29,046,742

Basic earnings per common share	$	0.07		$	0.06		$	0.23		$	0.16

Diluted earnings per common share	$	0.07		$	0.06		$	0.23		$	0.16

Other Information:
Weighted-average number of OP units		284,992			284,992			284,992			298,218

Unvested restricted common stock outstanding								1,323,460			1,297,584