Earnings per Share

9 Months Ended

Jun. 30, 2015

17. EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share (EPS):

		Three Months Ended				Nine Months Ended
		30 June				30 June
		2015		2014		2015		2014
Numerator
Income from continuing operations		$	318.8	$	314.0	$	933.4	$	884.6
Income from discontinued operations			-		-		-		3.1
Net Income Attributable to Air Products		$	318.8	$	314.0	$	933.4	$	887.7

Denominator (in millions)
Weighted average number of common shares — Basic			215.2		212.9		214.8		212.4
Effect of dilutive securities
	Employee stock option and other award plans		2.2		2.5		2.4		2.5
Weighted average number of common shares — Diluted			217.4		215.4		217.2		214.9

Basic EPS Attributable to Air Products
Income from continuing operations		$	1.48	$	1.47	$	4.35	$	4.17
Income from discontinued operations			-		-		-		.01
Net Income Attributable to Air Products		$	1.48	$	1.47	$	4.35	$	4.18

Diluted EPS Attributable to Air Products
Income from continuing operations		$	1.47	$	1.46	$	4.30	$	4.12
Income from discontinued operations			-		-		-		.01
Net Income Attributable to Air Products		$	1.47	$	1.46	$	4.30	$	4.13

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 nine months ended 30 June 2015. Outstanding share-based awards of .7 and .8 million shares were antidilutive and therefore excluded from the computation of diluted earnings per share for the three and nine months ended 30 June 2014, respectively.