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Earnings and Dividends Per Share
6 Months Ended
Jun. 30, 2015
Earnings and Dividends Per Share  
Earnings and Dividends Per Share

 

15.Earnings and Dividends Per Share

 

($ in millions, except per share amounts;

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

shares in thousands)

 

2015

 

2014

 

2015

 

2014

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Ball Corporation

 

$

160.4 

 

$

153.1 

 

$

181.1 

 

$

246.6 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares

 

137,801 

 

139,012 

 

137,446 

 

139,704 

 

Effect of dilutive securities

 

3,739 

 

3,848 

 

3,856 

 

3,768 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares applicable to diluted earnings per share

 

141,540 

 

142,860 

 

141,302 

 

143,472 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per basic share

 

$

1.16 

 

$

1.10 

 

$

1.32 

 

$

1.77 

 

Per diluted share

 

$

1.13 

 

$

1.07 

 

$

1.28 

 

$

1.72 

 

 

Certain outstanding options were excluded from the diluted earnings per share calculation because they were antidilutive (i.e., their assumed conversion into common stock would increase rather than decrease earnings per share). The options excluded totaled 1.2 million in both the three and six months ended June 30, 2015, and 1.3 million in the six months ended June 30, 2014. 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 each of the first two quarters of 2015 and 2014.