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Earnings and Dividends Per Share
 6 Months Ended
Jun. 30, 2014
Earnings and Dividends Per Share  
Earnings and Dividends Per Share

14.  Earnings and Dividends Per Share

 

($ in millions, except per share amounts;

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

shares in thousands)

 

2014

 

2013

 

2014

 

2013

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Ball Corporation

 

$

153.1

 

$

95.1

 

$

246.6

 

$

167.1

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares

 

139,012

 

147,088

 

139,704

 

148,027

 

Effect of dilutive securities

 

3,848

 

3,217

 

3,768

 

3,235

 

Weighted average shares applicable to diluted earnings per share

 

142,860

 

150,305

 

143,472

 

151,262

 

 

 

 

 

 

 

 

 

 

 

Per basic share

 

$

1.10

 

$

0.65

 

$

1.77

 

$

1.13

 

Per diluted share

 

$

1.07

 

$

0.63

 

$

1.72

 

$

1.10

 

 

Certain outstanding options 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 excluded totaled 1.3 million in the six months ended June 30, 2014, and 1.4 million in both the three and six months ended June 30, 2013. There were no options excluded in the three months ended June 30, 2014.

 

The company declared and paid dividends of $0.13 per share in the first two quarters of both 2014 and 2013.