Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.6
Earnings Per Share
9 Months Ended
Jun. 30, 2012
Earnings Per Share  
Earnings Per Share

9.               Earnings Per Share

 

At June 30, 2012 and 2011, potential dilutive effects of 2.0 million shares relating to unvested time-based restricted stock units and stock options were excluded from the computation of earnings per share as their effects were anti-dilutive.  At June 30, 2012 and 2011, potential dilutive effects of 1.8 million and 1.7 million shares relating to unvested performance-based stock awards were excluded from the computation of diluted earnings per share as the related performance period is not yet complete.  The effects of these performance-based shares will be dilutive in the future to the extent various levels of performance criteria are met.

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

June 30,

 

June 30,

 

(in millions)

 

2012

 

2011

 

2012

 

2011

 

Net income — basic and diluted

 

$

21.3

 

$

22.5

 

$

80.0

 

$

82.6

 

Weighted average shares outstanding — basic

 

62.3

 

62.1

 

62.1

 

62.0

 

Effect of dilutive stock options and unvested time-based restricted stock awards

 

0.2

 

 

0.3

 

 

Weighted average shares outstanding — diluted

 

62.5

 

62.1

 

62.4

 

62.0