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Earnings and Dividends Per Share
9 Months Ended
Sep. 30, 2013
Earnings and Dividends Per Share  
Earnings and Dividends Per Share

15.       Earnings and Dividends Per Share

 

 

 

Three Months Ended

 

Nine Months Ended

 

($ in millions, except per share amounts;

 

September 30,

 

September 30,

 

shares in thousands)

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Ball Corporation

 

$

115.2

 

$

115.1

 

$

282.3

 

$

342.9

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares

 

144,714

 

153,604

 

146,910

 

155,561

 

Effect of dilutive securities

 

3,181

 

3,504

 

3,212

 

3,402

 

Weighted average shares applicable to diluted earnings per share

 

147,895

 

157,108

 

150,122

 

158,963

 

 

 

 

 

 

 

 

 

 

 

Per basic share

 

$

0.80

 

$

0.75

 

$

1.92

 

$

2.20

 

Per diluted share

 

$

0.78

 

$

0.73

 

$

1.88

 

$

2.16

 

 

Certain outstanding options and SSARs were excluded from the diluted earnings per share calculation because they were anti-dilutive (i.e., the sum of the proceeds, including the unrecognized compensation and windfall tax benefits, exceeded the average closing stock price for the period). The options and SSARs excluded totaled 1.4 million and 1.5 million in the three and nine months ended September 30, 2013, respectively, and 1.5 million and 2.1 million in the three and nine months ended September 30, 2012, respectively.

 

The company declared and paid dividends of $0.13 per share in each of the first three quarters of 2013 and $0.10 per share in each of the first three quarters of 2012.