Earnings Per Share

3 Months Ended

Dec. 31, 2013

Earnings Per Share

Earnings Per Share

13. Earnings Per Share

Basic earnings per share (EPS) excludes dilution and is computed by dividing net income available for common stockholders by the weighted average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income by the weighted average number of common shares outstanding and potential common stock equivalent shares for the period. The Company includes as potential common shares the weighted average dilutive effects of outstanding stock options and restricted stock units using the treasury stock method.

The following table sets forth a reconciliation of the denominators for basic and diluted earnings per share:

	Three Months Ended
	December 31, 2013	December 31, 2012
	(in millions)
Denominator for basic earnings per share	96.3	104.8
Potential common shares	1.3	0.7
Denominator for diluted earnings per share	97.6	105.5

EPS includes the effect of repurchased shares, which are discussed in Note 3 herein. For the three months ended December 31, 2013 and 2012, options excluded from the calculation of potential common shares were not significant.