Earnings per Share

9 Months Ended

Jun. 30, 2014

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
		2014		2013		2014		2013
Numerator
Income from continuing operations		$	314.0	$	287.8	$	884.6	$	854.0
Income from discontinued operations			-		.6		3.1		3.1
Net Income Attributable to Air Products		$	314.0	$	288.4	$	887.7	$	857.1
Denominator (in millions)
Weighted average common shares — Basic			212.9		209.4		212.4		209.3
Effect of dilutive securities
	Employee stock option and other award plans		2.5		2.5		2.5		2.6
Weighted average common shares — Diluted			215.4		211.9		214.9		211.9
Basic EPS Attributable to Air Products
Income from continuing operations		$	1.47	$	1.38	$	4.17	$	4.08
Income from discontinued operations			-		-		.01		.02
Net Income Attributable to Air Products		$	1.47	$	1.38	$	4.18	$	4.10
Diluted EPS Attributable to Air Products
Income from continuing operations		$	1.46	$	1.36	$	4.12	$	4.03
Income from discontinued operations			-		-		.01		.01
Net Income Attributable to Air Products		$	1.46	$	1.36	$	4.13	$	4.04

Options on .7 million and .8 million shares were antidilutive and therefore excluded from the computation of diluted earnings per share for the three and nine months ended 30 June 2014, respectively. Options on 1.1 million and 2.8 million shares were antidilutive and therefore excluded from the computation of diluted earnings per share for the three and nine months ended 30 June 2013, respectively.