Equity

Accumulated Other Comprehensive Income

The following tables set forth the changes in accumulated other comprehensive income by component:



	Foreign currency translation adjustments		Pension liability adjustments, net of taxes			Accumulated other comprehensive income
Balance at June 30, 2013	$	13,080	$	(12,140	)	$	940
Other comprehensive income	4,328		—			4,328
Actuarial losses reclassified from accumulated other comprehensive income, net of income taxes of $123 ⁽¹⁾	—		214			214
Net current-period other comprehensive income, net of taxes	4,328		214			4,542
Balance at September 30, 2013	$	17,408	$	(11,926	)	$	5,482



	Foreign currency translation adjustments		Pension liability adjustments, net of taxes			Accumulated other comprehensive income
Balance at June 30, 2012	$	10,969	$	(9,155	)	$	1,814
Other comprehensive income	2,299		—			2,299
Actuarial losses reclassified from accumulated other comprehensive income ⁽¹⁾	—		244			244
Net current-period other comprehensive income, net of taxes	2,299		244			2,543
Balance at September 30, 2012	$	13,268	$	(8,911	)	$	4,357



	Foreign currency translation adjustments		Pension liability adjustments, net of taxes			Accumulated other comprehensive income
Balance at December 31, 2012	$	14,207	$	(12,566	)	$	1,641
Other comprehensive income	3,201		—			3,201
Actuarial losses reclassified from accumulated other comprehensive income, net of income taxes of $371 ⁽²⁾	—		640			640
Net current-period other comprehensive income, net of taxes	3,201		640			3,841
Balance at September 30, 2013	$	17,408	$	(11,926	)	$	5,482



	Foreign currency translation adjustments		Pension liability adjustments, net of taxes			Accumulated other comprehensive income
Balance at December 31, 2011	$	12,635	$	(9,642	)	$	2,993
Other comprehensive income	633		—			633
Actuarial losses reclassified from accumulated other comprehensive income ⁽²⁾	—		731			731
Net current-period other comprehensive income, net of taxes	633		731			1,364
Balance at September 30, 2012	$	13,268	$	(8,911	)	$	4,357

_______________

(1)

Amounts reclassified from accumulated other comprehensive income, net of taxes, were expensed and included in cost of sales ($133 and $103 for the three months ended September 30, 2013 and 2012, respectively) and selling, general and administrative expenses ($204 and $141 for the three months ended September 30, 2013 and 2012, respectively) on the condensed consolidated statements of income and comprehensive income.

(2)

Amounts reclassified from accumulated other comprehensive income, net of taxes, were expensed and included in cost of sales ($399 and $308 for the nine months ended September 30, 2013 and 2012, respectively) and selling, general and administrative expenses ($612 and $423 for the nine months ended September 30, 2013 and 2012, respectively) on the condensed consolidated statements of income and comprehensive income. The components in accumulated other comprehensive income are included in the computation of net periodic pension expense as reported in Note I.

Earnings Per Share

The following table presents calculations of net income per share of common stock:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Net income attributable to Chart Industries, Inc.	$	24,445	$	18,516	$	59,980	$	50,535
Net income attributable to Chart Industries, Inc. per common share:
Basic	$	0.81	$	0.62	$	1.99	$	1.70
Diluted	$	0.74	$	0.61	$	1.90	$	1.68
Weighted average number of common shares outstanding — basic	30,275		29,839		30,181		29,743
Incremental shares issuable upon assumed conversion and exercise of share-based awards	354		391		352		412
Incremental shares issuable due to dilutive effect of the Convertible Notes	1,399		13		866		13
Incremental shares issuable due to dilutive effect of warrants	823		—		215		—
Weighted average number of common shares outstanding — diluted	32,851		30,243		31,614		30,168

Diluted earnings per share does not reflect the following potential common shares as the effect would be anti-dilutive:



	Three Months Ended September 30,		Nine Months Ended September 30,
	2013	2012	2013	2012
Share-based awards	—	103	6	97
Convertible note hedge and capped call transactions ⁽¹⁾	1,336	13	850	13
Warrants	—	3,368	—	3,368

⁽¹⁾ The convertible note hedge and capped call transactions offset any dilution upon actual conversion of the Convertible Notes up to a common stock price of $84.96. See Note F for further information.