EX-11.1 5 a13-24815_1ex11d1.htm EX-11.1

EXHIBIT 11.1

 

Earnings Per Share Computation

 

INGREDION INCORPORATED

Computation of Net Income per Share of Common Stock

 

(in millions, except per share data)

 

 

 

Year Ended
December 31, 2013

 

Basic

 

 

 

Shares outstanding at the start of the period

 

77.0

 

Weighted average of new shares issued under share-based compensation plans

 

0.4

 

Weighted average of treasury shares issued under share-based compensation plans

 

0.1

 

Weighted average of treasury shares purchased during the period

 

(0.6

)

Other

 

0.1

 

Average shares outstanding — basic

 

77.0

 

 

 

 

 

Effect of Dilutive Securities

 

 

 

Average dilutive shares outstanding — assuming dilution

 

1.3

 

Average shares outstanding — diluted

 

78.3

 

 

 

 

 

Net income attributable to Ingredion

 

$

395.7

 

 

 

 

 

Net income per common share of Ingredion — Basic

 

$

5.14

 

 

 

 

 

Net income per common share of Ingredion — Diluted

 

$

5.05