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Earnings Per Share
6 Months Ended
Jun. 30, 2013
Earnings Per Share  
Earnings Per Share

3.              Earnings Per Share

 

Net income per common share attributable to Bruker Corporation is calculated by dividing net income attributable to Bruker Corporation by the weighted-average shares outstanding during the period. The diluted net income per share computation includes the effect of shares which would be issuable upon the exercise of outstanding stock options and the vesting of restricted stock based on the treasury stock method.

 

The following table sets forth the computation of basic and diluted average shares outstanding (in millions, except per share amounts):

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

Net income attributable to Bruker Corporation, as reported

 

$

22.9

 

$

9.9

 

$

28.3

 

$

25.0

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding-basic

 

166.8

 

166.0

 

166.6

 

165.9

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options and restricted stock

 

1.6

 

1.1

 

1.6

 

1.1

 

 

 

168.4

 

167.1

 

168.2

 

167.0

 

 

 

 

 

 

 

 

 

 

 

Net income per common share attributable to Bruker Corporation shareholders:

 

 

 

 

 

 

 

 

 

Basic and diluted

 

$

0.14

 

$

0.06

 

$

0.17

 

$

0.15

 

 

Stock options to purchase approximately 0.3 million shares and 0.7 million shares were excluded from the computation of diluted earnings per share in the three months ended June 30, 2013 and 2012, respectively, as their effect would have been anti-dilutive. Approximately 0.3 million shares and 0.2 million shares were excluded from the computation of diluted earnings per share in the six months ended June 30, 2013 and 2012, respectively.