Changes in Equity and Noncontrolling Interests

9 Months Ended

Sep. 30, 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 nine months ended September 30, 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	316		$	316		$	489,768	$	2,424,376		$	(54,951	)	$	—		$	20,563		$	2,880,072
Net income								515,622									4,757			520,379
Other comprehensive income											(42,143		)				(192		)	(42,335		)
Payments to shareholders of noncontrolling interests																	(3,620		)	(3,620		)
Purchase of noncontrolling interest																	(8		)	(8		)
Purchase of treasury stock														(400,801		)				(400,801		)
Retirement of treasury stock	(8	)	(8		)			(400,793		)				400,801						—
Stock options exercised, including tax benefit	4		4			116,511														116,515
Dividends declared								(101,924		)										(101,924		)
Stock-based compensation expense						29,382														29,382
Balance as of September 30, 2014	312		$	312		$	635,661	$	2,437,281		$	(97,094	)	$	—		$	21,500		$	2,997,660

A rollforward of consolidated changes in equity for the nine months ended September 30, 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	320		$	320		$	336,523	$	2,210,120		$	(117,004	)	$	—		$	12,223		$	2,442,182
Net income								467,793									2,077			469,870
Other comprehensive income											(3,970		)				292			(3,678		)
Payments to shareholders of noncontrolling interest																	(4,371		)	(4,371		)
Purchase of noncontrolling interest						662					288						(950		)	—
Purchase of treasury stock														(296,975		)				(296,975		)
Retirement of treasury stock	(8	)	(8		)			(296,967		)				296,975						—
Stock options exercised, including tax benefit	4		4			98,005														98,009
Dividends declared								(65,101		)										(65,101		)
Stock-based compensation expense						26,584														26,584
Balance as of September 30, 2013	316		$	316		$	461,774	$	2,315,845		$	(120,686	)	$	—		$	9,271		$	2,666,520