Equity

Accumulated Other Comprehensive (Loss) Income

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



	Foreign currency translation adjustments			Pension liability adjustments, net of taxes			Accumulated other comprehensive (loss) income
Balance at March 31, 2015	$	(4,240	)	$	(12,262	)	$	(16,502	)
Other comprehensive income	2,428			—			2,428
Amounts reclassified from accumulated other comprehensive (loss) income, net of income taxes of $124 ⁽¹⁾	—			233			233
Net current-period other comprehensive income, net of taxes	2,428			233			2,661
Balance at June 30, 2015	$	(1,812	)	$	(12,029	)	$	(13,841	)



	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		)
Amounts reclassified from accumulated other comprehensive (loss) 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 (loss) income
Balance at December 31, 2014	$	3,808		$	(12,494	)	$	(8,686	)
Other comprehensive loss	(5,620		)	—			(5,620		)
Amounts reclassified from accumulated other comprehensive (loss) income, net of income taxes of $249 ⁽²⁾	—			465			465
Net current-period other comprehensive (loss) income, net of taxes	(5,620		)	465			(5,155		)
Balance at June 30, 2015	$	(1,812	)	$	(12,029	)	$	(13,841	)



	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		)
Amounts reclassified from accumulated other comprehensive (loss) 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

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⁽¹⁾

Amounts reclassified from accumulated other comprehensive (loss) income were expensed and included in cost of sales ($141 and $31 for the three months ended June 30, 2015 and 2014, respectively) and selling, general and administrative expenses ($216 and $49 for the three months ended June 30, 2015 and 2014, respectively) in the condensed consolidated statements of income and comprehensive income (loss). The components in accumulated other comprehensive (loss) income are included in the computation of net periodic pension expense (income) as reported in Note 11.

⁽²⁾

Amounts reclassified from accumulated other comprehensive (loss) income were expensed and included in cost of sales ($281 and $62 for the six months ended June 30, 2015 and 2014, respectively) and selling, general and administrative expenses ($433 and $98 for the six months ended June 30, 2015 and 2014, respectively) in the condensed consolidated statements of income and comprehensive income (loss). The components in accumulated other comprehensive (loss) income are included in the computation of net periodic pension expense (income) 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,
	2015		2014		2015		2014
Net income attributable to Chart Industries, Inc.	$	17,157	$	20,069	$	22,403	$	32,066
Net income attributable to Chart Industries, Inc. per common share:
Basic	$	0.56	$	0.66	$	0.73	$	1.06
Diluted	$	0.56	$	0.65	$	0.73	$	1.03

Weighted average number of common shares outstanding — basic	30,495		30,389		30,481		30,368
Incremental shares issuable upon assumed conversion and exercise of share-based awards	240		269		212		273
Incremental shares issuable due to dilutive effect of the Convertible Notes	—		320		—		529
Weighted average number of common shares outstanding — diluted	30,735		30,978		30,693		31,170

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,
	2015	2014	2015	2014
Share-based awards	160	29	188	26
Convertible note hedge and capped call transactions ⁽¹⁾	—	320	—	529
Warrants	3,368	3,368	3,368	3,368
Total anti-dilutive securities	3,528	3,717	3,556	3,923

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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.