Equity

Accumulated Other Comprehensive Income

The following tables represent changes in accumulated other comprehensive income by component:



	Foreign currency translation adjustments			Pension liability adjustments, net of taxes			Accumulated other comprehensive income (loss)
Balance at March 31, 2014	$	16,495		$	(5,052	)	$	11,443
Other comprehensive loss	(169		)	—			(169		)
Actuarial losses reclassified from accumulated other comprehensive income, net of income taxes of $29 ⁽¹⁾	—			51			51
Net current-period other comprehensive (loss) income, net of taxes	(169		)	51			(118		)
Balance at June 30, 2014	$	16,326		$	(5,001	)	$	11,325



	Foreign currency translation adjustments		Pension liability adjustments, net of taxes			Accumulated other comprehensive income (loss)
Balance at March 31, 2013	$	12,962	$	(12,353	)	$	609
Other comprehensive income	118		—			118
Actuarial losses reclassified from accumulated other comprehensive income, net of income taxes of $124 ⁽¹⁾	—		213			213
Net current-period other comprehensive income, net of taxes	118		213			331
Balance at June 30, 2013	$	13,080	$	(12,140	)	$	940



	Foreign currency translation adjustments			Pension liability adjustments, net of taxes			Accumulated other comprehensive income (loss)
Balance at December 31, 2013	$	18,425		$	(5,103	)	$	13,322
Other comprehensive loss	(2,099		)	—			(2,099		)
Actuarial losses reclassified from accumulated other comprehensive income, net of income taxes of $58 ⁽²⁾	—			102			102
Net current-period other comprehensive (loss) income, net of taxes	(2,099		)	102			(1,997		)
Balance at June 30, 2014	$	16,326		$	(5,001	)	$	11,325



	Foreign currency translation adjustments			Pension liability adjustments, net of taxes			Accumulated other comprehensive income (loss)
Balance at December 31, 2012	$	14,207		$	(12,566	)	$	1,641
Other comprehensive loss	(1,127		)	—			(1,127		)
Actuarial losses reclassified from accumulated other comprehensive income, net of income taxes of $248 ⁽²⁾	—			426			426
Net current-period other comprehensive (loss) income, net of taxes	(1,127		)	426			(701		)
Balance at June 30, 2013	$	13,080		$	(12,140	)	$	940

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⁽¹⁾

Amounts reclassified from accumulated other comprehensive income were expensed and included in cost of sales ($31 and $133 for the three months ended June 30, 2014 and 2013, respectively) and selling, general and administrative expenses ($49 and $204 for the three months ended June 30, 2014 and 2013, respectively) in the condensed consolidated statements of income and comprehensive income. The components in accumulated other comprehensive income are included in the computation of net periodic pension (income) cost as reported in Note 11.

⁽²⁾

Amounts reclassified from accumulated other comprehensive income were expensed and included in cost of sales ($62 and $266 for the six months ended June 30, 2014 and 2013, respectively) and selling, general and administrative expenses ($98 and $408 for the six months ended June 30, 2014 and 2013, respectively) in the condensed consolidated statements of income and comprehensive income. The components in accumulated other comprehensive income are included in the computation of net periodic pension (income) cost as reported in Note 11.

Earnings Per Share

The following table presents calculations of net income per share of common stock:



	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
Net income attributable to Chart Industries, Inc.	$	20,069	$	20,000	$	32,066	$	35,535
Net income attributable to Chart Industries, Inc. per common share:
Basic	$	0.66	$	0.66	$	1.06	$	1.18
Diluted	$	0.65	$	0.64	$	1.03	$	1.15

Weighted average number of common shares outstanding — basic	30,389		30,249		30,368		30,143
Incremental shares issuable upon assumed conversion and exercise of share-based awards	269		315		273		378
Incremental shares issuable due to dilutive effect of the Convertible Notes	320		762		529		479
Incremental shares issuable due to dilutive effect of warrants	—		102		—		—
Weighted average number of common shares outstanding — diluted	30,978		31,428		31,170		31,000

Diluted earnings per share does not reflect the following potential common shares as the effect would be anti-dilutive:



	Three Months Ended June 30,		Six Months Ended June 30,
	2014	2013	2014	2013
Share-based awards	29	82	26	82
Convertible note hedge and capped call transactions ⁽¹⁾	320	755	529	479
Warrants	3,368	—	3,368	3,368
Total anti-dilutive securities	3,717	837	3,923	3,929

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⁽¹⁾	The convertible note hedge and capped call transactions offset any dilution upon actual conversion of the Convertible Notes up to a common stock price of $84.96. See Note 4 for further information.