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Earnings Per Share (Tables)
3 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings per Share of Common Stock Outstanding

The following table presents the calculation of basic and diluted earnings per share of common stock outstanding:

 

     Three Months Ended September 30,  
     2014     2013  
     Basic     Diluted     Basic      Diluted  

Numerator for Basic and Diluted Earnings per Share:

         

Net income

   $ 82,934      $ 82,934      $ 46,452       $ 46,452   

Net loss attributable to noncontrolling interest

     (39     (39     0         0   
  

 

 

   

 

 

   

 

 

    

 

 

 

Net income attributable to Harman International Industries, Incorporated

   $ 82,973      $ 82,973      $ 46,452       $ 46,452   
  

 

 

   

 

 

   

 

 

    

 

 

 

Denominator for Basic and Diluted Earnings per Share:

         

Weighted average shares outstanding

     69,301        69,301        69,547         69,547   

Employee stock options

     0        893        0         824   
  

 

 

   

 

 

   

 

 

    

 

 

 

Total weighted average shares outstanding

     69,301        70,194        69,547         70,371   
  

 

 

   

 

 

   

 

 

    

 

 

 

Earnings per Share:

         

Earnings per share

   $ 1.20      $ 1.18      $ 0.67       $ 0.66