XML 45 R34.htm IDEA: XBRL DOCUMENT v3.4.0.3
Earnings Per Share (Tables)
9 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings per Share of Common Stock Outstanding

The following table presents the calculation of basic and diluted earnings per share of common stock outstanding:

 

 

 

Three Months Ended March 31,

 

 

 

2016

 

 

2015

 

 

 

Basic

 

 

Diluted

 

 

Basic

 

 

Diluted

 

Numerator for Basic and Diluted Earnings per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

88,819

 

 

$

88,819

 

 

$

70,249

 

 

$

70,249

 

Net loss attributable to noncontrolling interest

 

 

(5

)

 

 

(5

)

 

 

(46

)

 

 

(46

)

Net income attributable to Harman International Industries,

   Incorporated

 

$

88,824

 

 

$

88,824

 

 

$

70,295

 

 

$

70,295

 

Denominator for Basic and Diluted Earnings per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

72,020

 

 

 

72,020

 

 

 

69,946

 

 

 

69,946

 

Employee stock options

 

 

0

 

 

 

622

 

 

 

0

 

 

 

849

 

Total weighted average shares outstanding

 

 

72,020

 

 

 

72,642

 

 

 

69,946

 

 

 

70,795

 

Earnings per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

$

1.23

 

 

$

1.22

 

 

$

1.00

 

 

$

0.99

 

 

 

 

Nine months ended March 31,

 

 

 

2016

 

 

2015

 

 

 

Basic

 

 

Diluted

 

 

Basic

 

 

Diluted

 

Numerator for Basic and Diluted Earnings per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

289,522

 

 

$

289,522

 

 

$

269,347

 

 

$

269,347

 

Net income (loss) attributable to noncontrolling interest

 

 

702

 

 

 

702

 

 

 

(156

)

 

 

(156

)

Net income attributable to Harman International Industries,

   Incorporated

 

$

288,820

 

 

$

288,820

 

 

$

269,503

 

 

$

269,503

 

Denominator for Basic and Diluted Earnings per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

72,046

 

 

 

72,046

 

 

 

69,557

 

 

 

69,557

 

Employee stock options

 

 

0

 

 

 

478

 

 

 

0

 

 

 

765

 

Total weighted average shares outstanding

 

 

72,046

 

 

 

72,524

 

 

 

69,557

 

 

 

70,322

 

Earnings per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

$

4.01

 

 

$

3.98

 

 

$

3.87

 

 

$

3.83