XML 52 R15.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income From Continuing Operations Per Share
3 Months Ended
Sep. 26, 2014
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 26, September 27,
  2014 2013
       
  (In millions, except per share amounts)
Income from continuing operations$ 125.1 $ 127.5
Adjustments for participating securities outstanding  (0.7)   (1.1)
Income from continuing operations used in per basic and diluted      
 common share calculations (A)$ 124.4 $ 126.4
       
Basic weighted average common shares outstanding (B)   104.6   106.4
Impact of dilutive share-based awards  1.2   0.9
Diluted weighted average common shares outstanding (C)   105.8   107.3
       
Income from continuing operations per basic common share (A)/(B)$ 1.19 $ 1.19
Income from continuing operations per diluted common share (A)/(C)$ 1.18 $ 1.18

Potential dilutive common shares primarily consist of employee stock options and performance share and performance share unit awards. Employee stock options to purchase approximately 386,531 and 1,240,179 shares of our common stock were outstanding at September 26, 2014 and September 27, 2013, respectively, but were not included as dilutive stock options in the computations of income from continuing operations per diluted common share because the effect would have been antidilutive.