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EX-32.2 - KIMBALL INTERNATIONAL, INC. EXHIBIT 32.2 - KIMBALL INTERNATIONAL INCexhibit32212312016q2.htm
EX-32.1 - KIMBALL INTERNATIONAL, INC. EXHIBIT 32.1 - KIMBALL INTERNATIONAL INCexhibit32112312016q2.htm
EX-31.2 - KIMBALL INTERNATIONAL, INC. EXHIBIT 31.2 - KIMBALL INTERNATIONAL INCexhibit31212312016q2.htm
EX-31.1 - KIMBALL INTERNATIONAL, INC. EXHIBIT 31.1 - KIMBALL INTERNATIONAL INCexhibit31112312016q2.htm
10-Q - KIMBALL INTERNATIONAL, INC. FORM 10-Q - KIMBALL INTERNATIONAL INCkbal10q12312016q2.htm


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


(Unaudited)
Three Months Ended
 
Three Months Ended
(Amounts in Thousands, Except for Per Share Data)
December 31, 2016
 
December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Basic Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared
 
 
$
2,250

 
 
 
 
 
$
2,071

 
 
Undistributed Earnings
 
 
6,467

 
 
 
 
 
4,431

 
 
Net Income
 
 
$
8,717

 
 
 
 
 
$
6,502

 
 
Average Basic Shares Outstanding
 
 
37,234

 
 
 
 
 
37,421

 
 
Basic Earnings Per Share
 
 
$
0.23

 
 
 
 
 
$
0.17

 
 
Diluted Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared and Assumed Dividends on Dilutive Shares
 
 
$
2,269

 
 
 
 
 
$
2,081

 
 
Undistributed Earnings
 
 
6,448

 
 
 
 
 
4,421

 
 
Net Income
 
 
$
8,717

 
 
 
 
 
$
6,502

 
 
Average Diluted Shares Outstanding
 
 
37,544

 
 
 
 
 
37,617

 
 
Diluted Earnings Per Share
 
 
$
0.23

 
 
 
 
 
$
0.17

 
 
Reconciliation of Basic and Diluted EPS Calculations:
 
 
 
 
 
 
 
 
 
 
 
Net Income Used for Basic EPS Calculation
 
 
$
8,717

 
 
 
 
 
$
6,502

 

Assumed Dividends Payable on Dilutive Shares
 
 
19

 
 
 
 
 
10

 

Increase (Reduction) in Undistributed Earnings
 
 
(19
)
 
 
 
 
 
(10
)
 

Net Income Used for Diluted EPS Calculation
 
 
$
8,717

 
 
 
 
 
$
6,502

 

Average Shares Outstanding for Basic EPS Calculation
 
 
37,234

 
 
 
 
 
37,421

 

Dilutive Effect of Average Outstanding Compensation Awards
 
 
310

 
 
 
 
 
196

 
 
Average Shares Outstanding for Diluted EPS Calculation
 
 
37,544

 
 
 
 
 
37,617

 
 







(Unaudited)
Six Months Ended
 
Six Months Ended
(Amounts in Thousands, Except for Per Share Data)
December 31, 2016
 
December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Basic Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared
 
 
$
4,523

 
 
 
 
 
$
4,142

 
 
Undistributed Earnings
 
 
15,192

 
 
 
 
 
7,982

 
 
Net Income
 
 
$
19,715

 
 
 
 
 
$
12,124

 
 
Average Basic Shares Outstanding
 
 
37,421

 
 
 
 
 
37,468

 
 
Basic Earnings Per Share
 
 
$
0.53

 
 
 
 
 
$
0.32

 
 
Diluted Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared and Assumed Dividends on Dilutive Shares
 
 
$
4,577

 
 
 
 
 
$
4,184

 
 
Undistributed Earnings
 
 
15,138

 
 
 
 
 
7,940

 
 
Net Income
 
 
$
19,715

 
 
 
 
 
$
12,124

 
 
Average Diluted Shares Outstanding
 
 
37,876

 
 
 
 
 
37,848

 
 
Diluted Earnings Per Share
 
 
$
0.52

 
 
 
 
 
$
0.32

 
 
Reconciliation of Basic and Diluted EPS Calculations:
 
 
 
 
 
 
 
 
 
 
 
Net Income Used for Basic EPS Calculation
 
 
$
19,715

 
 
 
 
 
$
12,124

 
 
Assumed Dividends Payable on Dilutive Shares
 
 
54

 
 
 
 
 
42

 
 
Increase (Reduction) in Undistributed Earnings
 
 
(54
)
 
 
 
 
 
(42
)
 
 
Net Income Used for Diluted EPS Calculation
 
 
$
19,715

 
 
 
 
 
$
12,124

 
 
Average Shares Outstanding for Basic EPS Calculation
 
 
37,421

 
 
 
 
 
37,468

 
 
Dilutive Effect of Average Outstanding Compensation Awards
 
 
455

 
 
 
 
 
380

 
 
Average Shares Outstanding for Diluted EPS Calculation
 
 
37,876

 
 
 

 
37,848