Earnings Per Share (EPS)

3 Months Ended

Mar. 31, 2014

Basic EPS is calculated by dividing Net earnings attributable to IR-Ireland by the weighted-average number of ordinary shares outstanding for the applicable period. Diluted EPS is calculated after adjusting the denominator of the basic EPS calculation for the effect of all potentially dilutive ordinary shares, which in the Company’s case, includes shares issuable under share-based compensation plans. The following table summarizes the weighted-average number of ordinary shares outstanding for basic and diluted earnings per share calculations for the three months ended March 31:



	Three months ended
In millions	2014	2013
Weighted-average number of basic shares	278.3	298.9
Shares issuable under incentive stock plans	4.0	3.6
Weighted-average number of diluted shares	282.3	302.5
Anti-dilutive shares	1.2	1.6

- Definition

The entire disclosure for earnings per share.

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