Changes in Equity and Noncontrolling Interests

3 Months Ended

Mar. 31, 2014

Changes in Equity and Noncontrolling Interests

Changes in Equity and Noncontrolling Interests

Note 5—Changes in Equity and Noncontrolling Interests

Net income attributable to noncontrolling interests is classified below net income.  Earnings per share is determined after the impact of the noncontrolling interests’ share in net income of the Company.  In addition, the equity attributable to noncontrolling interests is presented as a separate caption within equity.

A rollforward of consolidated changes in equity for the three months ended March 31, 2014 is as follows:

	Amphenol Corporation Shareholders
	Common Stock										Accum. Other
	Shares (in millions)		Amount			Additional Paid- In Capital		Retained Earnings			Comprehensive Loss			Treasury Stock			Noncontrolling Interests			Total Equity
Balance as of December 31, 2013	158		$	158		$	489,930	$	2,424,372		$	(54,951	)	$	—		$	20,563		$	2,880,072
Net income								158,483									1,319			159,802
Other comprehensive income											(14,590		)				(408		)	(14,998		)
Payments to shareholders of noncontrolling interests																	(1,052		)	(1,052		)
Purchase of noncontrolling interest																	(8		)	(8		)
Purchase of treasury stock														(121,130		)				(121,130		)
Retirement of treasury stock	(1	)	(1		)			(121,129		)				121,130						—
Stock options exercised, including tax benefit						15,316														15,316
Dividends declared								(31,416		)										(31,416		)
Stock-based compensation expense						9,276														9,276
Balance as of March 31, 2014	157		$	157		$	514,522	$	2,430,310		$	(69,541	)	$	—		$	20,414		$	2,895,862

A rollforward of consolidated changes in equity for the three months ended March 31, 2013 is as follows:

	Amphenol Corporation Shareholders
	Common Stock										Accum. Other
	Shares (in millions)		Amount			Additional Paid- In Capital		Retained Earnings			Comprehensive Loss			Treasury Stock			Noncontrolling Interests			Total Equity
Balance as of December 31, 2012	160		$	160		$	336,683	$	2,210,120		$	(117,004	)	$	—		$	12,223		$	2,442,182
Net income								153,007									606			153,613
Other comprehensive income											(24,756		)				77			(24,679		)
Payments to shareholders of noncontrolling interests																	(1,247		)	(1,247		)
Purchase of treasury stock														(85,300		)				(85,300		)
Retirement of treasury stock	(1	)	(1		)			(85,299		)				85,300						—
Stock options exercised, including tax benefit	1		1			40,969														40,970
Dividends declared								(16,755		)										(16,755		)
Stock-based compensation expense						8,283														8,283
Balance as of March 31, 2013	160		$	160		$	385,935	$	2,261,073		$	(141,760	)	$	—		$	11,659		$	2,517,067