Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.8
Earnings Per Share
9 Months Ended
Jun. 30, 2013
Earnings Per Share  
Earnings Per Share

8.              Earnings Per Share

 

At June 30, 2013 and 2012, potential dilutive effects of 2.0 million and 1.8 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,

 

 

 

2013

 

2012

 

2013

 

2012

 

Net income(1)

 

$

13.3

 

$

21.3

 

$

40.3

 

$

80.0

 

Weighted average shares outstanding — basic (millions)

 

62.8

 

62.3

 

62.7

 

62.1

 

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

 

0.4

 

0.2

 

0.3

 

0.3

 

Weighted average shares outstanding — diluted (millions)

 

63.2

 

62.5

 

63.0

 

62.4

 

 

 

 

 

 

 

 

 

 

 

Earnings per share — basic

 

$

0.21

 

$

0.34

 

$

0.64

 

$

1.29

 

Earnings per share — diluted

 

$

0.21

 

$

0.34

 

$

0.64

 

$

1.28

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive effect of stock options and unvested time-based restricted stock awards excluded from the computation of diluted earnings per share (millions)

 

1.8

 

2.0

 

1.7

 

2.0

 

 

 

(1) Net income attributable to Hillenbrand