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Earnings Per Share (Tables)
3 Months Ended
Sep. 30, 2015
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,  
     2015      2014  
     Basic      Diluted      Basic      Diluted  

Numerator for Basic and Diluted Earnings per Share:

           

Net income

   $ 87,517       $ 87,517       $ 82,934       $ 82,934   

Net income (loss) attributable to noncontrolling interest

     418         418         (39      (39
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income attributable to Harman International Industries, Incorporated

   $ 87,099       $ 87,099       $ 82,973       $ 82,973   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for Basic and Diluted Earnings per Share:

           

Weighted average shares outstanding

     72,032         72,032         69,301         69,301   

Employee stock options

     0         524         0         893   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total weighted average shares outstanding

     72,032         72,556         69,301         70,194   
  

 

 

    

 

 

    

 

 

    

 

 

 

Earnings per Share:

           

Earnings per share

   $ 1.21       $ 1.20       $ 1.20       $ 1.18