XML 38 R22.htm IDEA: XBRL DOCUMENT v3.6.0.2
Earnings per Share
3 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings per Share
15.
EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share:
 
 
Three Months Ended
 
 
 
31 December
 
 
 
2016
 
2015
 
Numerator
 
 
 
 
 
Income from continuing operations
 
$
251.6

 
$
280.9

 
Income from discontinued operations
 
48.2

 
82.7

 
Net Income Attributable to Air Products
 
$
299.8

 
$
363.6

 
Denominator (in millions)
 
 
 
 
 
Weighted average common shares — Basic
 
217.7

 
215.8

 
Effect of dilutive securities
 
 
 
 
 
Employee stock option and other award plans
 
2.0

 
1.8

 
Weighted average common shares — Diluted
 
219.7

 
217.6

 
Basic Earnings Per Common Share Attributable to Air Products
 
 
 
 
 
Income from continuing operations
 
$
1.16

 
$
1.30

 
Income from discontinued operations
 
.22

 
.38

 
Net Income Attributable to Air Products
 
$
1.38

 
$
1.68

 
Diluted Earnings Per Common Share Attributable to Air Products
 
 
 
 
 
Income from continuing operations
 
$
1.15

 
$
1.29

 
Income from discontinued operations
 
.22

 
.38

 
Net Income Attributable to Air Products
 
$
1.37

 
$
1.67

 

Outstanding share-based awards of .2 million and .3 million shares were antidilutive and therefore excluded from the computation of diluted earnings per share for the three months ended 31 December 2016 and 2015, respectively.