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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share:

 

     Three Months
Ended September 30,
     Nine Months
Ended September 30,
 
     2013     2012      2013     2012  
(Dollars in millions, except share amounts, in thousands, and per share amounts)                          

Net income attributable to Koppers

   $ 19.1      $ 16.0       $ 44.5      $ 52.0   

Less: loss from discontinued operations

     (0.1     0.0         (0.1     (0.1
  

 

 

   

 

 

    

 

 

   

 

 

 

Income from continuing operations attributable to Koppers

   $ 19.2      $ 16.0       $ 44.6      $ 52.1   
  

 

 

   

 

 

    

 

 

   

 

 

 

Weighted average common shares outstanding:

         

Basic

     20,577        20,694         20,657        20,709   

Effect of dilutive securities

     224        206         230        231   
  

 

 

   

 

 

    

 

 

   

 

 

 

Diluted

     20,801        20,900         20,887        20,940   
  

 

 

   

 

 

    

 

 

   

 

 

 

Earnings per common share – continuing operations:

         

Basic earnings per common share

   $ 0.93      $ 0.77       $ 2.16      $ 2.52   

Diluted earnings per common share

     0.92        0.77         2.13        2.50   
  

 

 

   

 

 

    

 

 

   

 

 

 

Other data:

         

Antidilutive securities excluded from computation of diluted earnings per common share

     254        203         236        191