Quarterly Summary of Operations (Tables)

12 Months Ended

Jun. 30, 2016

The following is a summary of operations by quarter for fiscal years 2016, 2015 and 2014:

	Three Months Ended
	September 30			December 31			March 31			June 30				Total
Fiscal Year 2016
Net sales	$	1,630,888		$	1,772,157		$	1,628,082		$	1,880,549			$	6,911,676
Gross profit		487,398			545,092			492,867			567,734				2,093,091
Net income		87,517			113,187			88,819			72,928		⁽¹⁾		362,451
Net income (loss) attributable to non-controlling interest		418			289			(5	)		15				717
Net income attributable to Harman International Industries Incorporated		87,099			112,898			88,824			72,913				361,734
Earnings per share:
Basic		1.21			1.57			1.23			1.02				5.03
Diluted		1.20			1.55			1.22			1.01				4.99
Fiscal Year 2015
Net sales	$	1,428,922		$	1,583,549		$	1,464,193		$	1,678,633			$	6,155,297
Gross profit		414,632			493,166			418,130			491,176				1,817,104
Net income		82,934			116,164			70,249			73,642				342,989
Net (loss) income attributable to non-controlling interest		(39	)		(71	)		(46	)		465				309
Net income attributable to Harman International Industries Incorporated		82,973			116,235			70,295			73,177				342,680
Earnings per share:
Basic		1.20			1.67			1.00			1.02				4.89
Diluted		1.18			1.65			0.99			1.01				4.84
Fiscal Year 2014
Net sales	$	1,171,805		$	1,328,024		$	1,404,235		$	1,444,419			$	5,348,483
Gross profit		321,649			379,450			364,773			390,795				1,456,667
Net income		46,452			71,629			73,385			43,113				234,579
Net loss attributable to non-controlling interest		0			0			0			(113	)			(113	)
Net income attributable to Harman International Industries Incorporated		46,452			71,629			73,385			43,226				234,692
Earnings per share:
Basic		0.67			1.04			1.06			0.63				3.40
Diluted		0.66			1.03			1.05			0.62				3.36

(1)	Includes $27.9 million of income tax expense related to U.S. tax from deemed income on foreign earnings of which $18.3 million relates to fiscal years 2014 and 2015. Refer to Note 13-Income Taxes for more information.