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Earnings and Dividends Per Share
3 Months Ended
Mar. 31, 2015
Earnings and Dividends Per Share  
Earnings and Dividends Per Share

 

15.Earnings and Dividends Per Share

 

 

 

Three Months Ended March 31,

 

($ in millions, except per share amounts; shares in thousands)

 

2015

 

2014

 

 

 

 

 

 

 

Net earnings attributable to Ball Corporation

 

$

20.7 

 

$

93.5 

 

 

 

 

 

 

 

Basic weighted average common shares

 

137,086 

 

140,405 

 

Effect of dilutive securities

 

3,990 

 

3,653 

 

Weighted average shares applicable to diluted earnings per share

 

141,076 

 

144,058 

 

 

 

 

 

 

 

Per basic share

 

$

0.15 

 

$

0.67 

 

Per diluted share

 

$

0.15 

 

$

0.65 

 

 

Certain outstanding options were excluded from the diluted earnings per share calculation because they were anti-dilutive (i.e., the sum of the assumed exercise proceeds, including the unrecognized compensation and windfall tax benefits, exceeded the average closing stock price for the period). The options excluded totaled 1.2 million and 1.4 million in the three months ended March 31, 2015 and 2014, respectively.

 

The company declared and paid dividends of $0.13 per share in the first quarters of both 2015 and 2014.