Income From Continuing Operations Per Share

3 Months Ended

Sep. 27, 2013

Income From Continuing Operations Per Share [Abstract]

Income from continuing operations per share

Note I — Income From Continuing Operations Per Share

The computations of income from continuing operations per share are as follows (in this Note I, “income from continuing operations” refers to income from continuing operations attributable to Harris Corporation common shareholders):

		Quarter Ended
		September 27,		September 28,
		2013		2012
		(In millions, except per share amounts)
Income from continuing operations		$	127.5	$	128.5
Adjustments for participating securities outstanding			(1.1)		―
Income from continuing operations used in per basic and diluted
	common share calculations (A)	$	126.4	$	128.5
Basic weighted average common shares outstanding (B)			106.4		111.9
Impact of dilutive stock options and equity awards			0.9		0.7
Diluted weighted average common shares outstanding (C)			107.3		112.6
Income from continuing operations per basic common share (A)/(B)		$	1.19	$	1.15
Income from continuing operations per diluted common share (A)/(C)		$	1.18	$	1.14

Potential dilutive common shares primarilyconsist of employee stock options and performance share and performance share unit awards. Employee stock options to purchase approximately 1,240,179and2,699,871 shares of our common stock were outstanding at September 27, 2013 and September 28, 2012, respectively, but were not included as dilutive stock options in the computations ofincomefrom continuing operations per diluted common share because the effect would have been antidilutivebecause the options' exercise prices exceeded the average market price of our common stock.