EX-11 2 a10qexhibit11eps09302016q1.htm KIMBALL INTERNATIONAL, INC. EXHIBIT 11 Exhibit


Exhibit 11
KIMBALL INTERNATIONAL, INC.
COMPUTATION OF EARNINGS PER SHARE


(Unaudited)
Three Months Ended
 
Three Months Ended
(Amounts in Thousands, Except for Per Share Data)
September 30, 2016
 
September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Basic Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared
 
 
$
2,273

 
 
 
 
 
$
2,071

 
 
Undistributed Earnings
 
 
8,725

 
 
 
 
 
3,551

 
 
Net Income
 
 
$
10,998

 
 
 
 
 
$
5,622

 
 
Average Basic Shares Outstanding
 
 
37,609

 
 
 
 
 
37,515

 
 
Basic Earnings Per Share
 
 
$
0.29

 
 
 
 
 
$
0.15

 
 
Diluted Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared and Assumed Dividends on Dilutive Shares
 
 
$
2,297

 
 
 
 
 
$
2,088

 
 
Undistributed Earnings
 
 
8,701

 
 
 
 
 
3,534

 
 
Net Income
 
 
$
10,998

 
 
 
 
 
$
5,622

 
 
Average Diluted Shares Outstanding
 
 
38,008

 
 
 
 
 
37,827

 
 
Diluted Earnings Per Share
 
 
$
0.29

 
 
 
 
 
$
0.15

 
 
Reconciliation of Basic and Diluted EPS Calculations:
 
 
 
 
 
 
 
 
 
 
 
Net Income Used for Basic EPS Calculation
 
 
$
10,998

 
 
 
 
 
$
5,622

 

Assumed Dividends Payable on Dilutive Shares
 
 
24

 
 
 
 
 
17

 

Increase (Reduction) in Undistributed Earnings (Loss)
 
 
(24
)
 
 
 
 
 
(17
)
 

Net Income Used for Diluted EPS Calculation
 
 
$
10,998

 
 
 
 
 
$
5,622

 

Average Shares Outstanding for Basic EPS Calculation
 
 
37,609

 
 
 
 
 
37,515

 

Dilutive Effect of Average Outstanding Compensation Awards
 
 
399

 
 
 
 
 
312

 
 
Average Shares Outstanding for Diluted EPS Calculation
 
 
38,008

 
 
 
 
 
37,827