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Earnings Per Common Share (Tables)
9 Months Ended
Mar. 31, 2013
Earnings Per Common Share  
Schedule of calculation of basic and diluted earnings per common share

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

March 31,

 

March 31,

(in millions, except per share data)

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Carpenter

 

  $

32.9

 

 

  $

33.0

 

 

  $

105.1

 

 

  $

80.3

 

Less: earnings and dividends allocated to participating securities

 

(0.2

)

 

(0.3

)

 

(0.6

)

 

(0.7

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings available to Carpenter common stockholders

 

  $

32.7

 

 

  $

32.7

 

 

  $

104.5

 

 

  $

79.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding, basic

 

52.9

 

 

47.2

 

 

52.9

 

 

45.3

 

Effect of shares issuable under share based compensation plans

 

0.6

 

 

0.7

 

 

0.5

 

 

0.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding, diluted

 

53.5

 

 

47.9

 

 

53.4

 

 

46.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

  $

0.62

 

 

  $

0.69

 

 

  $

1.98

 

 

  $

1.76

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

  $

0.62

 

 

  $

0.69

 

 

  $

1.97

 

 

  $

1.75

 

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

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

March 31,

 

March 31,

(in millions)

 

2013

 

 

2012

 

 

2013

 

 

2012

 

Stock options

 

0.2

 

 

0.1

 

 

0.3

 

 

0.1