Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income

v2.4.0.8
Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2013
Consolidated Statements of Income        
Net revenue $ 396.8 $ 398.5 $ 781.7 $ 703.7
Cost of goods sold 254.0 264.5 507.9 459.2
Gross profit 142.8 134.0 273.8 244.5
Operating expenses 99.9 108.4 193.9 194.8
Operating profit 42.9 25.6 79.9 49.7
Interest expense 5.6 6.8 11.9 11.3
Other income (expense), net 9.7 (0.3) 9.6 0.6
Income before income taxes 47.0 18.5 77.6 39.0
Income tax expense 13.7 5.3 22.7 11.2
Consolidated net income 33.3 13.2 54.9 27.8
Less: Net income attributable to noncontrolling interests 0.3 0.5 1.6 0.8
Net income $ 33.0 [1] $ 12.7 [1] $ 53.3 [1] $ 27.0 [1]
Net income - per share of common stock:        
Basic earnings per share (in dollars per share) $ 0.52 $ 0.20 $ 0.84 $ 0.43
Diluted earnings per share (in dollars per share) $ 0.51 $ 0.20 $ 0.83 $ 0.43
Weighted average shares outstanding (basic) (in shares) 63.3 62.7 63.2 62.6
Weighted average shares outstanding (diluted) (in shares) 63.9 63.1 63.9 62.9
Cash dividends per share (in dollars per share) $ 0.1975 $ 0.1950 $ 0.3950 $ 0.3900
[1] Net income attributable to Hillenbrand