Earnings per Common Share (Tables)

12 Months Ended

Jun. 30, 2014

Earnings per Common Share

Schedule of calculations of basic and diluted earnings from continuing operations per common share

	Years Ended June 30,
($ in millions, except per share data)	2014			2013			2012
Net income attributable to Carpenter	$	132.8		$	146.1		$	121.2
Less: earnings and dividends allocated to participating securities	(0.4		)	(0.8		)	(1.1		)
Earnings available for Carpenter common shareholders used in calculation of basic earnings per share	$	132.4		$	145.3		$	120.1
Weighted average number of common shares outstanding, basic	53.3			52.9			47.1
Basic earnings per common share	$	2.48		$	2.75		$	2.55
Net income attributable to Carpenter	$	132.8		$	146.1		$	121.2
Less: earnings and dividends allocated to participating securities	(0.4		)	(0.8		)	(1.1		)
Earnings available for Carpenter common shareholders used in calculation of diluted earnings per share	$	132.4		$	145.3		$	120.1
Weighted average number of common shares outstanding, basic	53.3			52.9			47.1
Effect of shares issuable under share-based compensation plans	0.3			0.3			0.4
Weighted average number of common shares outstanding, diluted	53.6			53.2			47.5
Diluted earnings per common share	$	2.47		$	2.73		$	2.53

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

	Years Ended June 30,
(in millions)	2014	2013	2012
Stock options	0.1	0.4	—