Annual report pursuant to Section 13 and 15(d)

Earnings per Share

v2.4.0.6
Earnings per Share
12 Months Ended
Sep. 30, 2012
Earnings per Share  
Earnings per Share

9.                    Earnings per Share

 

At September 30, 2012, 2011, and 2010, potential dilutive effects of time-based stock awards and stock option awards, representing 2,000,000, 1,900,000, and 1,800,000 shares, were excluded from the computation of earnings per share as their effects were anti-dilutive.  The dilutive effects of performance-based stock awards described in Note 10 are included in the computation of diluted earnings per share when the related performance criteria are met.  At September 30, 2012, 2011, and 2010, potential dilutive effects, representing 1,300,000, 1,100,000, and 1,100,000 shares were excluded from the computation of diluted earnings per share as the related performance criteria were not yet met, although we expect to meet various levels of criteria in the future.

 

 

 

Fiscal Year Ended September 30,

 

 

 

2012

 

2011

 

2010

 

Net Income

 

$

104.8

 

$

106.1

 

$

92.3

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic (millions)

 

62.2

 

62.0

 

61.9

 

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

 

0.2

 

 

 

Weighted average shares outstanding — diluted (millions)

 

62.4

 

62.0

 

61.9

 

 

 

 

 

 

 

 

 

Earnings per share - basic and diluted

 

$

1.68

 

$

1.71

 

$

1.49