XML 36 R42.htm IDEA: XBRL DOCUMENT v2.4.1.9
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings per Share reconciliation [Text Block]
The following table reconciles the numerators and denominators used to calculate basic and diluted earnings per share of common stock:
 
Year Ended December 31,
(in millions except per share amounts)
2014
 
2013
 
2012
Basic earnings per share:
 

 
 

 
 

Net earnings attributable to BorgWarner Inc.
$
655.8

 
$
624.3

 
$
500.9

Weighted average shares of common stock outstanding
227.150

 
228.600

 
225.304

Basic earnings per share of common stock
$
2.89

 
$
2.73

 
$
2.22

 
 
 
 
 
 
Diluted earnings per share:
 
 
 

 
 

Net earnings attributable to BorgWarner Inc.
$
655.8

 
$
624.3

 
$
500.9

Adjusted for net interest expense on convertible notes

 

 
5.8

Diluted net earnings attributable to BorgWarner Inc.
$
655.8

 
$
624.3

 
$
506.7

 
 
 
 
 
 
Weighted average shares of common stock outstanding
227,150

 
228,600

 
225,304

 
 
 
 
 
 
Effect of 3.50% convertible senior notes

 

 
6.644

Effect of warrant

 

 
6.800

Effect of stock-based compensation
1.774

 
2.737

 
4.006

Total dilutive effect on weighted average shares of common stock outstanding
1.774

 
2.737

 
17.450

 
 
 
 
 
 
Weighted average shares of common stock outstanding including dilutive shares
228.924

 
231.337

 
242.754

Diluted earnings per share of common stock
$
2.86

 
$
2.70

 
$
2.09

 
 
 
 
 
 
Total anti-dilutive shares:
 
 
 
 
 
Call options

 

 
3.878