Earnings Per Common Share (Tables)

6 Months Ended

Dec. 31, 2013

Earnings Per Common Share

Schedule of calculations of basic and diluted earnings per common share

	Three Months Ended				Six Months Ended
	December 31,				December 31,
(in millions, except per share data)	2013		2012		2013		2012
Net income attributable to Carpenter	$	29.5	$	33.0	$	64.1	$	72.2
Less: earnings and dividends allocated to participating securities	(0.1)		(0.2)		(0.2)		(0.4)
Earnings available to Carpenter common stockholders used in calculation of basic earnings per share	$	29.4	$	32.8	$	63.9	$	71.8
Weighted average number of common shares outstanding, basic	53.2		52.9		53.2		52.8
Basic earnings per common share	$	0.55	$	0.62	$	1.20	$	1.36
Net income attributable to Carpenter	$	29.5	$	33.0	$	64.1	$	72.2
Less: earnings and dividends allocated to participating securities	(0.1)		(0.2)		(0.2)		(0.4)
Earnings available to Carpenter common stockholders used in calculation of diluted earnings per share	$	29.4	$	32.8	$	63.9	$	71.8
Weighted average number of common shares outstanding, basic	53.2		52.9		53.2		52.8
Effect of shares issuable under share based compensation plans	0.4		0.4		0.4		0.4
Weighted average number of common shares outstanding, diluted	53.6		53.3		53.6		53.2
Diluted earnings per common share	$	0.55	$	0.62	$	1.19	$	1.35

Schedule of awards issued under share-based compensation plans excluded from the calculations of diluted earnings per share

	Three Months Ended		Six Months Ended
	December 31,		December 31,
(in millions)	2013	2012	2013	2012
Stock options	0.0	0.3	0.1	0.3