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Earnings per Share
 3 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
The components of basic and diluted earnings per share were as follows: 
(in millions, except per share data)
 
Three Months Ended
December 31,
 
2013
 
2012
Net Income Attributable to Franklin Resources, Inc.
 
$
603.8

 
$
516.1

Less: Allocation of earnings to participating nonvested stock and stock unit awards
 
3.5

 
4.0

Net Income Available to Common Stockholders
 
$
600.3

 
$
512.1

 
 
 
 
 
Weighted-average shares outstanding – basic
 
628.1

 
634.5

Effect of dilutive common stock options and non-participating nonvested stock unit awards
 
0.4

 
0.9

Weighted-Average Shares Outstanding – Diluted
 
628.5

 
635.4

 
 
 
 
 
Earnings per Share
 
 
 
 
Basic
 
$
0.96

 
$
0.81

Diluted
 
0.96

 
0.81


Non-participating nonvested stock unit awards excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive were 0.1 million and 0.5 million for the three months ended December 31, 2013 and 2012.