XML 70 R21.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings and Dividends Per Share
 9 Months Ended
Sep. 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
September 30,

 

Nine Months Ended
September 30,

 

shares in thousands)

 

2015

 

2014

 

2015

 

2014

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Ball Corporation

 

$
44.5 

 

$
147.4 

 

$
225.6 

 

$
394.0 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares

 
137,337 

 
138,010 

 
137,409 

 
139,133 

 

Effect of dilutive securities

 
3,521 

 
4,080 

 
3,732 

 
3,853 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares applicable to diluted earnings per share

 
140,858 

 
142,090 

 
141,141 

 
142,986 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per basic share

 

$
0.32 

 

$
1.07 

 

$
1.64 

 

$
2.83 

 

Per diluted share

 

$
0.32 

 

$
1.04 

 

$
1.60 

 

$
2.76 

 

 

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 each of the three and nine months ended September 30, 2015, and the nine months ended September 30, 2014. There were no options excluded in the three months ended September 30, 2014.

 

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