Changes in Equity and Noncontrolling Interests

6 Months Ended

Jun. 30, 2015

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 six months ended June 30, 2015 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, 2014	309.8		$	0.3	$	659.4	$	2,453.5		$	(205.8	)	$	—		$	30.5		$	2,937.9
Net income							358.8									3.6			362.4
Other comprehensive income										(50.3		)							(50.3		)
Distributions to shareholders of noncontrolling interests																(4.4		)	(4.4		)
Acquisition resulting in noncontrolling interest																8.0			8.0
Purchase of treasury stock													(143.6		)				(143.6		)
Retirement of treasury stock	(2.5	)					(143.6		)				143.6						—
Stock options exercised, including tax benefit	1.7				50.0														50.0
Dividends declared							(77.4		)										(77.4		)
Stock-based compensation expense					20.2														20.2
Balance as of June 30, 2015	309.0		$	0.3	$	729.6	$	2,591.3		$	(256.1	)	$	—		$	37.7		$	3,102.8

A rollforward of consolidated changes in equity for the six months ended June 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	316.4		$	0.3	$	489.8	$	2,424.4		$	(55.0	)	$	—		$	20.6		$	2,880.1
Net income							333.4									2.8			336.2
Other comprehensive income										2.9						(0.4		)	2.5
Distributions to shareholders of noncontrolling interests																(1.7		)	(1.7		)
Purchase of treasury stock													(250.2		)				(250.2		)
Retirement of treasury stock	(5.5	)					(250.2		)				250.2						—
Stock options exercised, including tax benefit	2.9				75.3														75.3
Dividends declared							(62.8		)										(62.8		)
Stock-based compensation expense					19.2														19.2
Balance as of June 30, 2014	313.8		$	0.3	$	584.3	$	2,444.8		$	(52.1	)	$	—		$	21.3		$	2,998.6