Earnings per Share

6 Months Ended

Mar. 31, 2015

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				Six Months Ended
		31 March				31 March
		2015		2014		2015		2014
Numerator
Income from continuing operations		$	290.0	$	283.5	$	614.6	$	570.6
Income from discontinued operations			-		-		-		3.1
Net Income Attributable to Air Products		$	290.0	$	283.5	$	614.6	$	573.7
Denominator (in millions)
Weighted average number of common shares — Basic			214.9		212.4		214.5		212.1
Effect of dilutive securities
	Employee stock option and other award plans		2.5		2.5		2.5		2.5
Weighted average number of common shares — Diluted			217.4		214.9		217.0		214.6
Basic EPS Attributable to Air Products
Income from continuing operations		$	1.35	$	1.33	$	2.87	$	2.69
Income from discontinued operations			-		-		-		.01
Net Income Attributable to Air Products		$	1.35	$	1.33	$	2.87	$	2.70
Diluted EPS Attributable to Air Products
Income from continuing operations		$	1.33	$	1.32	$	2.83	$	2.66
Income from discontinued operations			-		-		-		.01
Net Income Attributable to Air Products		$	1.33	$	1.32	$	2.83	$	2.67

Outstanding share-based awards of .2 million and .3million shares were antidilutive and therefore excluded from the computation of diluted earnings per share for the three and six months ended 31 March 2015, respectively. Outstanding share-based awards of .8 million shares were antidilutive and therefore excluded from the computation of diluted earnings per share for the three and six months ended 31 March 2014.