EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2015

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 months ended March 31, 2015 and 2014.



	Three Months
For the Periods Ended March 31	2015	2014
Basic weighted average common shares outstanding	90.6	91.4
Add: Dilutive impact of outstanding equity awards	1.0	1.4
Diluted weighted average common shares outstanding	91.6	92.8

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 months ended March 31, 2015 and 2014 because they were anti-dilutive.



	Three Months
For the Periods Ended March 31	2015		2014
Anti-dilutive stock options	0.3		0.2
Average exercise price	$	42.90	$	43.52
Years of expiration	2024 - 2025		2024