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Earnings Per Share (Tables)
6 Months Ended
Dec. 31, 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 December 31,  
     2014     2013  
     Basic     Diluted     Basic      Diluted  

Numerator for Basic and Diluted Earnings per Share:

         

Net income

   $ 116,164      $ 116,164      $ 71,629       $ 71,629   

Net loss attributable to noncontrolling interest

     (71     (71     0         0   
  

 

 

   

 

 

   

 

 

    

 

 

 

Net income attributable to Harman International Industries, Incorporated

   $ 116,235      $ 116,235      $ 71,629       $ 71,629   
  

 

 

   

 

 

   

 

 

    

 

 

 

Denominator for Basic and Diluted Earnings per Share:

         

Weighted average shares outstanding

     69,432        69,432        68,715         68,715   

Employee stock options

     0        826        0         863   
  

 

 

   

 

 

   

 

 

    

 

 

 

Total weighted average shares outstanding

     69,432        70,258        68,715         69,578   
  

 

 

   

 

 

   

 

 

    

 

 

 

Earnings per Share:

         

Earnings per share

   $ 1.67      $ 1.65      $ 1.04       $ 1.03   
  

 

 

   

 

 

   

 

 

    

 

 

 
     Six Months Ended December 31,  
     2014     2013  
     Basic     Diluted     Basic      Diluted  

Numerator for Basic and Diluted Earnings per Share:

         

Net income

   $ 199,098      $ 199,098      $ 118,081       $ 118,081   

Net loss attributable to noncontrolling interest

     (110     (110     0         0   
  

 

 

   

 

 

   

 

 

    

 

 

 

Net income attributable to Harman International Industries, Incorporated

   $ 199,208      $ 199,208      $ 118,081       $ 118,081   
  

 

 

   

 

 

   

 

 

    

 

 

 

Denominator for Basic and Diluted Earnings per Share:

         

Weighted average shares outstanding

     69,367        69,367        69,131         69,131   

Employee stock options

     0        835        0         816   
  

 

 

   

 

 

   

 

 

    

 

 

 

Total weighted average shares outstanding

     69,367        70,202        69,131         69,947   
  

 

 

   

 

 

   

 

 

    

 

 

 

Earnings per Share:

         

Earnings per share

   $ 2.87      $ 2.84      $ 1.71       $ 1.69