Earnings Per Share

9 Months Ended

Sep. 30, 2014

Earnings Per Share Disclosure [Abstract]

Earnings Per Share [Text Block]

Note 10— Earnings Per Share

The Company computes earnings per share using the two-class method, which is an earnings allocation formula that determines earnings per share for common stock and participating securities. Service-based and performance-based restricted stock granted by the Company is considered a participating security as these awards contain a non-forfeitable right to dividends.

The following table sets forth the computation of earnings per share for thethree and nine months ended September 30, 2014 and 2013 (in millions, except per share amounts):

		Three Months Ended				Nine Months Ended
		September 30				September 30
		2014		2013		2014		2013
Numerator:
	Net income attributable to Hubbell	$	89.6	$	96.5	$	244.0	$	244.5
	Less: Earnings allocated to participating securities		0.1		0.3		0.6		0.8
	Net income available to common shareholders	$	89.5	$	96.2	$	243.4	$	243.7
Denominator:
	Average number of common shares outstanding		58.9		59.1		59.0		59.1
	Potential dilutive shares		0.5		0.4		0.4		0.4
	Average number of diluted shares outstanding		59.4		59.5		59.4		59.5
Earnings per share:
	Basic	$	1.52	$	1.63	$	4.13	$	4.12
	Diluted	$	1.51	$	1.62	$	4.10	$	4.09

The Company did not have any significant anti-dilutive securities during the three and nine months ended September 30, 2014 and 2013.