XML 89 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Per Share Information
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Per Share Information
Per Share Information
The following table sets forth the computation of basic and diluted income from continuing operations per common share:
(in millions, except per share amounts)
Years ended December 31,
 
2013
 
2012
 
2011
Numerator:
 
 
 
 
 
 
Numerator for basic income (loss) from continuing operations per common share -
 
 
 
 
 
 
Income (loss) from continuing operations attributable to ATI
 
$
(98.8
)
 
$
150.5

 
$
202.9

Effect of dilutive securities:
 
 
 
 
 
 
4.25% Convertible Senior Notes due 2014
 

 
8.5

 
9.9

Numerator for diluted net income (loss) per common share -
 
 
 
 
 
 
Income (loss) from continuing operations attributable to ATI after assumed conversions
 
$
(98.8
)
 
$
159.0

 
$
212.8

Denominator:
 
 
 
 
 
 
Denominator for basic net income per common share—weighted average shares
 
106.8

 
106.1

 
102.5

Effect of dilutive securities:
 
 
 
 
 
 
Share-based compensation
 

 
0.9

 
1.8

4.25% Convertible Senior Notes due 2014
 

 
9.6

 
9.6

Denominator for diluted net income per common share—adjusted weighted average shares and assumed conversions
 
106.8

 
116.6

 
113.9

Basic income (loss) from continuing operations attributable to ATI per common share
 
$
(0.93
)
 
$
1.42

 
$
1.98

Diluted income (loss) from continuing operations attributable to ATI per common share
 
$
(0.93
)
 
$
1.36

 
$
1.87


Common stock that would be issuable upon the assumed conversion of the 4.25% Convertible Senior Notes due 2014 and other option equivalents and contingently issuable shares were excluded from the computation of contingently issuable shares, and therefore, from the denominator for diluted earnings per share, if the effect of inclusion would have been anti-dilutive. Excluded shares for 2013 were 10.0 million. There were no anti-dilutive shares for 2012 and 2011.