Earnings per Common Share (Tables)

12 Months Ended

Jun. 30, 2012

Earnings per Common Share

Schedule of calculation of basic and diluted earnings per common share

	Year Ended June 30,
($ in millions, except per share data)	2012			2011			2010
Net income attributable to Carpenter	$	121.2		$	71.0		$	2.1
Less: earnings and dividends allocated to participating securities	(1.1		)	(0.8		)	(0.2		)
Earnings available for Carpenter common shareholders	$	120.1		$	70.2		$	1.9
Weighted average number of common shares outstanding, basic	47.1			44.1			43.9
Effect of shares issuable under share based compensation plans	0.7			0.6			0.5
Weighted average number of common shares outstanding, diluted	47.8			44.7			44.4
Basic earnings per common share	$	2.55		$	1.59		$	0.04
Diluted earnings per common share	$	2.53		$	1.59		$	0.04

Schedule of awards issued under share-based compensation plans excluded from the calculations of diluted earnings per share

	Year Ended June 30,
(in millions)	2012	2011	2010
Stock options	—	0.1	0.4