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NET EARNINGS ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE (Tables)
12 Months Ended
Jun. 30, 2018
NET EARNINGS ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE  
Schedule of reconciliation between the numerators and denominators of the basic and diluted EPS computations

 

 

Year Ended June 30

 

(In millions, except per share data)

 

2018

 

2017

 

2016

 

Numerator:

 

 

 

 

 

 

 

Net earnings attributable to The Estée Lauder Companies Inc.

 

$

1,108

 

$

1,249

 

$

1,115

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

Weighted-average common shares outstanding – Basic

 

368.0

 

367.1

 

370.0

 

Effect of dilutive stock options

 

5.2

 

3.8

 

4.6

 

Effect of PSUs

 

0.4

 

0.2

 

0.1

 

Effect of RSUs

 

2.1

 

1.9

 

1.8

 

Effect of performance share units based on TSR

 

 

 

0.1

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – Diluted

 

375.7

 

373.0

 

376.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to The Estée Lauder Companies Inc. per common share:

 

 

 

 

 

 

 

Basic

 

$

3.01

 

$

3.40

 

$

3.01

 

Diluted

 

2.95

 

3.35

 

2.96