XML 70 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings per Share
 9 Months Ended
Jun. 30, 2012
Earnings Per Share  
Earnings per Share

16.       EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share (EPS):

   Three Months Ended Nine Months Ended 
   30 June 30 June 
   20122011 20122011 
 NUMERATOR              
 Income from continuing operations$ 357.2 $ 297.0  $ 862.1 $ 830.1  
 Income from discontinued operations  127.3   29.5    166.5   69.3  
 Net Income Attributable to Air Products $ 484.5 $ 326.5  $ 1,028.6 $ 899.4  
 DENOMINATOR (in millions)              
 Weighted average number of common shares outstanding  211.5   212.5    211.0   213.5  
 Effect of dilutive securities              
  Employee stock options  2.3   3.8    2.7   4.0  
  Other award plans  .9   1.0    .9   .9  
     3.2   4.8    3.6   4.9  
 Weighted average number of common shares outstanding              
  assuming dilution  214.7   217.3    214.6   218.4  
 BASIC EPS ATTRIBUTABLE TO AIR PRODUCTS              
 Income from continuing operations$ 1.69 $ 1.40  $ 4.08 $ 3.89  
 Income from discontinued operations  .60   .14    .79   .32  
 Net Income Attributable to Air Products $ 2.29 $ 1.54  $ 4.87 $ 4.21  
 DILUTED EPS ATTRIBUTABLE TO AIR PRODUCTS              
 Income from continuing operations$ 1.66 $ 1.37  $ 4.02 $ 3.80  
 Income from discontinued operations  .60   .13    .77   .32  
 Net Income Attributable to Air Products $ 2.26 $ 1.50  $ 4.79 $ 4.12  

Options on 4.0 million and 3.5 million shares were antidilutive and therefore excluded from the computation of diluted earnings per share for the three and nine months ended 30 June 2012, respectively. Options on 2.1 million shares were antidilutive and therefore excluded from the computation of diluted earnings per share for the three and nine months ended 30 June 2011.