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Earnings and Dividends Per Share
 9 Months Ended
Sep. 30, 2016
Earnings and Dividends Per Share  
Earnings and Dividends Per Share

16.    Earnings and Dividends Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

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

    

2016

    

2015

    

2016

    

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Ball Corporation

 

$

 —

 

$
45

 

$
210

 

$
226

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares

 

 
174,564

 

 
137,337

 

 
152,878

 

 
137,409

 

Effect of dilutive securities

 

 
3,138

 

 
3,521

 

 
3,210

 

 
3,732

 

Weighted average shares applicable to diluted earnings per share

 

 
177,702

 

 
140,858

 

 
156,088

 

 
141,141

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per basic share

 

$

 —

 

$
0.32

 

$
1.37

 

$
1.64

 

Per diluted share

 

$

 —

 

$
0.32

 

$
1.35

 

$
1.60

 

 

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 approximately 1 million and 2 million, respectively, for the three and nine months ended September 30, 2016, and approximately 1 million in both the three and nine months ended September 30, 2015.

 

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