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EARNINGS PER SHARE
 9 Months Ended
Jun. 30, 2014
EARNINGS PER SHARE  
Earnings Per Share

14.  EARNINGS PER SHARE
 
 
Third Quarters
  
Nine Months
 
Periods Ended June 30,
 
2014
  
2013
  
2014
  
2013
 
Net income available to common shares 
 
$
72.1
  
$
65.7
  
$
177.1
  
$
209.2
 
 
                
Basic weighted average shares outstanding
  
247.0
   
260.6
   
249.1
   
263.4
 
Dilutive effect of non-participating share-based awards
  
0.9
   
2.6
   
1.7
   
2.2
 
Diluted weighted average common shares outstanding
  
247.9
   
263.2
   
250.8
   
265.6
 
 
                
Basic EPS
 
$
0.29
  
$
0.25
  
$
0.71
  
$
0.79
 
Diluted EPS
 
$
0.29
  
$
0.25
  
$
0.71
  
$
0.79
 
 
                
Weighted average shares excluded from diluted EPS because the effect would be anti-dilutive:
 
Share-based awards
  
9.8
   
6.0
   
6.7
   
8.6
 
3.25 % Convertible Notes
  
-
   
42.6
   
-
   
42.6
 
Hedges
  
-
   
(42.6
)
  
-
   
(42.6
)
Warrants
  
42.6
   
42.6
   
42.6
   
42.6
 
 
                
Total shares repurchased, including net shares: (1)
  
-
   
0.4
   
12.3
   
7.5
 
Average price per share
 
$
-
  
$
17.04
  
$
17.25
  
$
15.68
 
Aggregate payments
 
$
0.1
  
$
5.9
  
$
211.4
  
$
81.0
 
Remaining authorization at June 30, 2014 (see Note 19)
 
$
209.7
             
(1) Net shares tendered by employees at vesting for tax withholding obligations (in thousands)
  
7.5
   
3.8
   
635.2
   
254.3
 

Accelerated Share Repurchase
In January 2014, we received the final delivery of 3.4 million shares of IGT common stock under a $200.0 million accelerated share repurchase transaction executed in November 2013. We received 11.6 million total shares based on the VWAP over the transaction period for an average discounted price of $17.22 per share.