Earnings Per Share

9 Months Ended

Sep. 30, 2012

Earnings Per Share Disclosure [Abstract]

Earnings Per Share [Text Block]

Note 8— Earnings Per Share

The Company computes earnings per share using the two-class method, which is an earnings allocation formula that determines earnings per share for common stock and participating securities. Restricted stock granted by the Company is considered a participating security since it contains a non-forfeitable right to dividends.

The following table sets forth the computation of earnings per share for thethree and nine months ended September 30, 2012 and 2011 (in millions, except per share amounts):

		Three Months Ended				Nine Months Ended
		September 30				September 30
		2012		2011		2012		2011
Numerator:
	Net income attributable to Hubbell	$	87.1	$	82.4	$	227.8	$	197.9
	Less: Earnings allocated to participating securities		0.3		0.2		0.8		0.7
	Net income available to common shareholders	$	86.8	$	82.2	$	227.0	$	197.2
Denominator:
	Average number of common shares outstanding		59.1		59.3		59.2		59.9
	Potential dilutive shares		0.6		0.6		0.6		0.7
	Average number of diluted shares outstanding		59.7		59.9		59.8		60.6
Earnings per share:
	Basic	$	1.47	$	1.38	$	3.84	$	3.29
	Diluted	$	1.45	$	1.37	$	3.80	$	3.25

The Company did not have any anti-dilutive securities during the three and nine months ended September 30, 2012 and 2011.