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Earnings (Loss) and Dividends Per Share
 6 Months Ended
Jun. 30, 2016
Earnings (Loss) and Dividends Per Share  
Earnings (Loss) and Dividends Per Share

16.    Earnings (Loss) and Dividends Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

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

    

2016

    

2015

    

2016

    

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) attributable to Ball Corporation

 

$
338

 

$
160

 

$
211

 

$
181

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares

 

 
142,038

 

 
137,801

 

 
141,916

 

 
137,446

 

Effect of dilutive securities

 

 
3,189

 

 
3,739

 

 
3,249

 

 
3,856

 

Weighted average shares applicable to diluted earnings per share

 

 
145,227

 

 
141,540

 

 
145,165

 

 
141,302

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per basic share

 

$
2.38

 

$
1.16

 

$
1.49

 

$
1.32

 

Per diluted share

 

$
2.33

 

$
1.13

 

$
1.45

 

$
1.28

 

 

Certain outstanding options were excluded from the diluted earnings per share calculation because they were anti-dilutive (i.e., their assumed conversion into common stock would increase rather than decrease earnings per share). The options excluded totaled 2 million in both the three and six months ended June 30, 2016. Approximately 1 million outstanding options were excluded from the diluted earnings per share calculation in both the second quarter and first six months of 2015.

 

The company declared and paid dividends of $0.13 per share in each of the first and second quarters of both 2016 and 2015.