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Earnings Per Share Computations (Tables)
3 Months Ended
Mar. 31, 2012
Earnings Per Share Computations  
Calculation of earnings per share

 

 

 

 

Three Months Ended March 31,

 

(in thousands, except per share amounts)

 

2012

 

2011

 

Numerator

 

 

 

 

 

Net income attributable to Bemis Company, Inc.

 

$

43,970

 

$

51,210

 

Income allocated to participating securities

 

(537

)

(759

)

Net income available to common shareholders (1)

 

$

43,433

 

$

50,451

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

Weighted average common shares outstanding — basic

 

103,077

 

107,142

 

Dilutive shares

 

631

 

353

 

Weighted average common and common equivalent shares outstanding — diluted

 

103,708

 

107,495

 

Per common share income

 

 

 

 

 

Basic

 

$

0.42

 

$

0.47

 

Diluted

 

$

0.42

 

$

0.47

 

 

 

 

Three Months Ended March 31,

 

(in thousands, except per share amounts)

 

2012

 

2011

 

(1)

Basic weighted average common shares outstanding

 

103,077

 

107,142

 

 

Basic weighted average common shares outstanding and participating securities

 

104,352

 

108,753

 

 

Percentage allocated to common shareholders

 

98.8

%

98.5

%