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Earnings per Share
6 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings per Share
15.
EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share:
 
 
Three Months Ended
 
Six Months Ended
 
 
31 March
 
31 March
 
 
2017
 
2016
 
2017
 
2016
Numerator
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
304.4

 
$
278.9

 
$
556.0

 
$
559.8

Income (Loss) from discontinued operations
 
1,825.6

 
(752.2
)
 
1,873.8

 
(669.5
)
Net Income (Loss) Attributable to Air Products
 
$
2,130.0

 
$
(473.3
)
 
$
2,429.8

 
$
(109.7
)
Denominator (in millions)
 
 
 
 
 
 
 
 
Weighted average common shares — Basic
 
217.9

 
216.1

 
217.8

 
215.9

Effect of dilutive securities
 
 
 
 
 
 
 
 
Employee stock option and other award plans
 
1.8

 
1.8

 
1.8

 
1.9

Weighted average common shares — Diluted
 
219.7

 
217.9

 
219.6

 
217.8

Basic Earnings Per Common Share Attributable to Air Products
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
1.40

 
$
1.29

 
$
2.55

 
$
2.59

Income (Loss) from discontinued operations
 
8.38

 
(3.48
)
 
8.61

 
(3.10
)
Net Income (Loss) Attributable to Air Products
 
$
9.78

 
$
(2.19
)
 
$
11.16

 
$
(.51
)
Diluted Earnings Per Common Share Attributable to Air Products
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
1.39

 
$
1.28

 
$
2.53

 
$
2.57

Income (Loss) from discontinued operations
 
8.31

 
(3.45
)
 
8.53

 
(3.08
)
Net Income (Loss) Attributable to Air Products
 
$
9.70

 
$
(2.17
)
 
$
11.06

 
$
(.51
)

Outstanding share-based awards of .1 million shares were antidilutive and therefore excluded from the computation of diluted earnings per share for the six months ended 31 March 2017. For the three months ended 31 March 2017, there were no antidilutive outstanding share-based awards. Outstanding share-based awards of .2 million shares were antidilutive and therefore excluded from the computation of diluted earnings per share for the three and six months ended 31 March 2016.