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Exhibit No. 11
Armstrong World Industries, Inc. and Subsidiaries
Computation of Earnings Per Share
(amounts in millions, except per share data)
2015 | 2014 | 2013 | ||||||||||
Basic earnings per share from continuing operations | ||||||||||||
Earnings from continuing operations | $ | 52.6 | $ | 102.0 | $ | 127.3 | ||||||
Earnings allocated to participating non-vested share awards | (0.1 | ) | (0.5 | ) | (0.7 | ) | ||||||
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Earnings from continuing operations attributable to common shares | $ | 52.5 | $ | 101.5 | $ | 126.6 | ||||||
Basic weighted average number of common shares outstanding | 55.5 | 55.0 | 57.8 | |||||||||
Basic earnings per share from continuing operations | $ | 0.95 | $ | 1.85 | $ | 2.19 | ||||||
Diluted earnings per share from continuing operations | ||||||||||||
Earnings from continuing operations | $ | 52.6 | $ | 102.0 | $ | 127.3 | ||||||
Earnings allocated to participating non-vested share awards | (0.1 | ) | (0.5 | ) | (0.7 | ) | ||||||
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Earnings from continuing operations attributable to common shares | $ | 52.5 | $ | 101.5 | $ | 126.6 | ||||||
Basic weighted average number of common shares outstanding | 55.5 | 55.0 | 57.8 | |||||||||
Weighted average number of common shares issuable under stock option or unvested stock grants | 0.4 | 0.4 | 0.6 | |||||||||
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Diluted weighted average number of common shares outstanding | 55.9 | 55.4 | 58.4 | |||||||||
Diluted earnings per share from continuing operations | $ | 0.94 | $ | 1.83 | $ | 2.17 |