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Earnings Per Share (Tables)
12 Months Ended
Jun. 30, 2016
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:

 

 

 

Year Ended June 30,

 

 

 

2016

 

 

2015

 

 

2014

 

 

 

Basic

 

 

Diluted

 

 

Basic

 

 

Diluted

 

 

Basic

 

 

Diluted

 

Numerator for Basic and Diluted Earnings per

   Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

362,451

 

 

$

362,451

 

 

$

342,989

 

 

$

342,989

 

 

$

234,579

 

 

$

234,579

 

Net income (loss) attributable to non-controlling

   interest

 

 

717

 

 

 

717

 

 

 

309

 

 

 

309

 

 

 

(113

)

 

 

(113

)

Net income attributable to Harman International

   Industries, Incorporated

 

$

361,734

 

 

$

361,734

 

 

$

342,680

 

 

$

342,680

 

 

$

234,692

 

 

$

234,692

 

Denominator for Basic and Diluted Earnings per

   Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

71,866

 

 

 

71,866

 

 

 

70,147

 

 

 

70,147

 

 

 

69,073

 

 

 

69,073

 

Employee stock options

 

 

-

 

 

 

666

 

 

 

-

 

 

 

723

 

 

 

-

 

 

 

816

 

Total weighted average shares outstanding

 

 

71,866

 

 

 

72,532

 

 

 

70,147

 

 

 

70,870

 

 

 

69,073

 

 

 

69,889

 

Earnings per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

$

5.03

 

 

$

4.99

 

 

$

4.89

 

 

$

4.84

 

 

$

3.40

 

 

$

3.36