Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.23.1
Earnings Per Share
6 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Earnings per shareThe dilutive effects of performance-based stock awards were included in the computation of diluted earnings per share at the level the related performance criteria were met through the respective Consolidated Balance Sheet date.  Potential dilutive effects, representing approximately 350,000 and 400,000 shares at March 31, 2023 and 2022, respectively, were excluded from the computation of diluted earnings per share as the related performance criteria were not yet met, although the Company expects to meet various levels of criteria in the future.
Three Months Ended
March 31,
Six Months Ended
March 31,
  2023 2022 2023 2022
Income from continuing operations $ 24.1  $ 29.4  $ 50.9  $ 51.6 
Less: Net income attributable to noncontrolling interests 0.8  1.5  3.1  2.6 
Income from continuing operations attributable to Hillenbrand $ 23.3  $ 27.9  $ 47.8  $ 49.0 
Weighted-average shares outstanding (basic - in millions) 69.7  73.1  69.6  72.9 
Effect of dilutive stock options and other unvested equity awards (in millions) 0.4  0.6  0.3  0.6 
Weighted-average shares outstanding (diluted - in millions) 70.1  73.7  69.9  73.5 
Basic earnings per share from continuing operations attributable to Hillenbrand $ 0.33  $ 0.38  $ 0.69  $ 0.67 
Diluted earnings per share from continuing operations attributable to Hillenbrand $ 0.33  $ 0.38  $ 0.68  $ 0.66 
Shares with anti-dilutive effect excluded from the computation of diluted earnings per share (in millions) 0.6  0.1  0.5  0.1