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EX-32.2 - KIMBALL INTERNATIONAL, INC. EXHIBIT 32.2 - KIMBALL INTERNATIONAL INCexhibit32209302015q1.htm
EX-10.C - KIMBALL INTERNATIONAL, INC. EXHIBIT 10.C - KIMBALL INTERNATIONAL INCexhibit10c09302015q1.htm
EX-31.2 - KIMBALL INTERNATIONAL, INC. EXHIBIT 31.2 - KIMBALL INTERNATIONAL INCexhibit31209302015q1.htm
EX-32.1 - KIMBALL INTERNATIONAL, INC. EXHIBIT 32.1 - KIMBALL INTERNATIONAL INCexhibit32109302015q1.htm
EX-10.B - KIMBALL INTERNATIONAL, INC. EXHIBIT 10.B - KIMBALL INTERNATIONAL INCexhibit10b09302015q1.htm
EX-31.1 - KIMBALL INTERNATIONAL, INC. EXHIBIT 31.1 - KIMBALL INTERNATIONAL INCexhibit31109302015q1.htm
10-Q - KIMBALL INTERNATIONAL, INC. FORM 10-Q - KIMBALL INTERNATIONAL INCkbal09302015q110q.htm


Exhibit 11
KIMBALL INTERNATIONAL, INC.
COMPUTATION OF EARNINGS PER SHARE

As a result of the October 30, 2014 stock unification, all distinctions between Class A common stock and Class B common stock were eliminated so that all shares of Class B common stock are equal to shares of Class A common stock with respect to all matters, including without limitation, dividend payments and voting rights. Therefore, beginning in fiscal year 2016 the earnings per share calculation includes all common stock in a single calculation.

EARNINGS PER SHARE FROM CONTINUING OPERATIONS
(Unaudited)
Three Months Ended
 
Three Months Ended
(Amounts in Thousands, Except for Per Share Data)
September 30, 2015
 
September 30, 2014
 
 
 
 
 
 
 
Class A
 
Class B
 
Total
Basic Earnings Per Share from Continuing Operations:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared
 
 
$
2,071

 
 
 
$
362

 
$
1,541

 
$
1,903

Undistributed Earnings (Loss)
 
 
3,551

 
 
 
(79
)
 
(307
)
 
(386
)
Income from Continuing Operations
 
 
$
5,622

 
 
 
$
283

 
$
1,234

 
$
1,517

Average Basic Shares Outstanding
 
 
37,515

 
 
 
7,940

 
30,772

 
38,712

Basic Earnings Per Share from Continuing Operations
 
 
$
0.15

 
 
 
$
0.04

 
$
0.04

 
 
Diluted Earnings Per Share from Continuing Operations:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared and Assumed Dividends on Dilutive Shares
 
 
$
2,088

 
 
 
$
362

 
$
1,542

 
$
1,904

Undistributed Earnings (Loss)
 
 
3,534

 
 
 
(79
)
 
(308
)
 
(387
)
Income from Continuing Operations
 
 
$
5,622

 
 
 
$
283

 
$
1,234

 
$
1,517

Average Diluted Shares Outstanding
 
 
37,827

 
 
 
7,940

 
30,806

 
38,746

Diluted Earnings Per Share from Continuing Operations
 
 
$
0.15

 
 
 
$
0.04

 
$
0.04

 
 
Reconciliation of Basic and Diluted EPS from Continuing Operations Calculations:
 
 
 
 
 
 
 
 
 
 
 
Income from Continuing Operations
Used for Basic EPS Calculation
 
 
$
5,622

 
 
 
$
283

 
$
1,234

 
$
1,517

Assumed Dividends Payable on Dilutive Shares
 
 
17

 
 
 

 
1

 
1

Increase (Reduction) in Undistributed Earnings (Loss) - allocated based on Class A and Class B shares
 
 
(17
)
 
 
 

 
(1
)
 
(1
)
Income from Continuing Operations
Used for Diluted EPS Calculation
 
 
$
5,622

 
 
 
$
283

 
$
1,234

 
$
1,517

Average Shares Outstanding for Basic EPS Calculation
 
 
37,515

 
 
 
7,940

 
30,772

 
38,712

Dilutive Effect of Average Outstanding Compensation Awards
 
 
312

 
 
 

 
34

 
34

Average Shares Outstanding for Diluted EPS Calculation
 
 
37,827

 
 
 
7,940

 
30,806

 
38,746



 
 
 
 
 
 
 
 
 
 
 
 







EARNINGS PER SHARE FROM DISCONTINUED OPERATIONS
(Unaudited)
Three Months Ended
 
Three Months Ended
 
September 30, 2015
 
September 30, 2014
 
 
 
 
 
Class A
 
Class B
Basic Earnings Per Share
 
$
0.00

 
 
$
0.16

 
$
0.17

Diluted Earnings Per Share
 
$
0.00

 
 
$
0.16

 
$
0.17

 
 
 
 
 
 
 
 

EARNINGS PER SHARE (INCLUDING DISCONTINUED OPERATIONS)
(Unaudited)
Three Months Ended
 
Three Months Ended
(Amounts in Thousands, Except for Per Share Data)
September 30, 2015
 
September 30, 2014
 
 
 
Class A
 
Class B
 
Total
Basic Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared
 
 
$
2,071

 
 
 
$
362

 
$
1,541

 
$
1,903

Undistributed Earnings
 
 
3,551

 
 
 
1,250

 
4,843

 
6,093

Net Income
 
 
$
5,622

 
 
 
$
1,612

 
$
6,384

 
$
7,996

Average Basic Shares Outstanding
 
 
37,515

 
 
 
7,940

 
30,772

 
38,712

Basic Earnings Per Share
 
 
$
0.15

 
 
 
$
0.20

 
$
0.21

 
 
Diluted Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared and Assumed Dividends on Dilutive Shares
 
 
$
2,088

 
 
 
$
362

 
$
1,542

 
$
1,904

Undistributed Earnings
 
 
3,534

 
 
 
1,248

 
4,844

 
6,092

Net Income
 
 
$
5,622

 
 
 
$
1,610

 
$
6,386

 
$
7,996

Average Diluted Shares Outstanding
 
 
37,827

 
 
 
7,940

 
30,806

 
38,746

Diluted Earnings Per Share
 
 
$
0.15

 
 
 
$
0.20

 
$
0.21