EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2014

The following table provides a reconciliation of the data used in the calculation of basic and diluted earnings per share from continuing operations attributable to ITT Corporation for the three and nine months ended September 30, 2014 and 2013.



	Three Months		Nine Months
For the Periods Ended September 30	2014	2013	2014	2013
Basic weighted average common shares outstanding	91.6	90.4	91.5	91.0
Add: Dilutive impact of outstanding equity awards	1.3	1.5	1.4	1.3
Diluted weighted average common shares outstanding	92.9	91.9	92.9	92.3

Number of Shares Underlying Stock Options Excluded from the Computation of Diluted Earnings

The following table provides the number of shares underlying stock options excluded from the computation of diluted earnings per share for the three and nine months ended September 30, 2014 and 2013 because they were anti-dilutive.



	Three Months			Nine Months
For the Periods Ended September 30	2014		2013	2014		2013
Anti-dilutive stock options	0.2		—	0.2		0.3
Average exercise price	$	43.51	N/A	$	43.51	$	26.80
Year of expiration	2024		N/A	2024		2023