Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.8
Earnings Per Share
3 Months Ended
Dec. 31, 2013
Earnings Per Share  
Earnings Per Share

8.              Earnings Per Share

 

The 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 balance sheet date.  At December 31, 2013 and 2012, potential dilutive effects, representing approximately 1,800,000 and 2,000,000 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.

 

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2013

 

2012

 

Net income (1)

 

$

20.3

 

$

14.3

 

Weighted-average shares outstanding — basic (in millions)

 

63.1

 

62.4

 

Effect of dilutive stock options and other unvested equity awards (in millions)

 

0.6

 

0.2

 

Weighted-average shares outstanding — diluted (in millions)

 

63.7

 

62.6

 

 

 

 

 

 

 

Earnings per share — basic

 

$

0.32

 

$

0.23

 

Earnings per share — diluted

 

$

0.32

 

$

0.23

 

 

 

 

 

 

 

Shares with anti-dilutive effect excluded from the computation of diluted earnings per share (in millions)

 

0.6

 

2.4

 

 

(1) Net income attributable to Hillenbrand