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Earnings per Common Share
3 Months Ended
Mar. 31, 2016
Earnings per Common Share  
Earnings per Common Share

9.Earnings per Common Share

 

The following table provides the computation of basic and diluted earnings per common share ("EPS") for the periods presented.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

Three Months Ended March 31,  2016

    

Three Months Ended March 31,  2015

 

 

Net Income

 

 

 

 

 

 

Net Income

 

 

 

 

 

 

 

Available

 

Weighted

 

 

 

 

Available

 

Weighted

 

 

 

 

 

to Ingredion

 

Average Shares

 

Per Share

 

to Ingredion

 

Average Shares

 

Per Share

(in millions, except per share amounts)

    

(Numerator)

    

(Denominator)

    

Amount

    

(Numerator)

    

(Denominator)

    

Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS

 

$

127.2

 

72.0

 

$

1.77

 

$

83.7

 

71.6

 

$

1.17

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effect of Dilutive Securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Incremental shares from assumed exercise of dilutive stock options and vesting of dilutive RSUs and other awards

 

 

 

 

1.3

 

 

 

 

 

 

 

1.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

$

127.2

 

73.3

 

$

1.73

 

$

83.7

 

72.7

 

$

1.15

 

Options to purchase approximately 0.3 million shares of common stock were excluded from the calculation of diluted EPS for each of the quarters ended March 31,  2016 and 2015, as the impact of their inclusion would have been anti-dilutive.