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Earnings Per Share
3 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share

The dilutive effects of performance-based stock awards were included in the computation of diluted earnings per share at the level the related performance criteria were met through the respective balance sheet date.  At December 31, 2018 and 2017, potential dilutive effects, representing approximately 400,000 shares at each period, were excluded from the computation of diluted earnings per share as the related performance criteria were not yet met, although we expect to meet various levels of criteria in the future.

 
Three Months Ended
December 31,
 
2018
 
2017
Net income(1)
$
28.3

 
$
18.1

Weighted average shares outstanding (basic - in millions)
62.9

 
63.6

Effect of dilutive stock options and other unvested equity awards (in millions)
0.6

 
0.5

Weighted average shares outstanding (diluted - in millions)
63.5

 
64.1

 
 
 
 
Basic earnings per share
$
0.45

 
$
0.28

Diluted earnings per share
$
0.45

 
$
0.28

 
 
 
 
Shares with anti-dilutive effect excluded from the computation of diluted earnings per share (in millions)
0.7

 
0.2

 
(1) Net income attributable to Hillenbrand