日韩三级片

Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v2.4.0.8
EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]
EARNINGS PER SHARE
NOTE 17 - EARNINGS PER SHARE
The following table summarizes the computation of basic and diluted earnings (loss) per share:
(In Millions, Except Per Share Amounts)
Three Months Ended
June 30,
Six Months Ended
June 30,
2014
2013
2014
2013
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS SHAREHOLDERS
$
10.9

$
146.0

$
(59.4
)
$
253.0

PREFERRED STOCK DIVIDENDS
(12.8
)
(12.9
)
(25.6
)
(22.8
)
NET INCOME (LOSS) ATTRIBUTABLE TO CLIFFS COMMON SHAREHOLDERS
$
(1.9
)
$
133.1

$
(85.0
)
$
230.2

Weighted Average Number of Shares:
Basic
153.1

153.0

153.1

150.4

Depositary Shares
鈥�

25.2

鈥�

19.1

Employee Stock Plans
鈥�

0.2

鈥�

0.2

Diluted
153.1

178.4

153.1

169.7

Earnings (Loss) per Common Share Attributable to
Cliffs Common Shareholders - Basic:
$
(0.01
)
$
0.87

$
(0.56
)
$
1.53

Earnings (Loss) per Common Share Attributable to
Cliffs Common Shareholders - Diluted:
$
(0.01
)
$
0.82

$
(0.56
)
$
1.49


The diluted earnings per share calculation excludes 25.2 million depositary shares that were anti-dilutive for the three and six months ended June 30, 2014. Additionally, the diluted earnings per share calculation excludes 0.8 million shares related to equity plan awards that were anti-dilutive for both the three and six months ended June 30, 2014.