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EX-32.1 - KIMBALL INTERNATIONAL, INC. EXHIBIT 32.1 - KIMBALL INTERNATIONAL INCexhibit32103312017q3.htm
EX-32.2 - KIMBALL INTERNATIONAL, INC. EXHIBIT 32.2 - KIMBALL INTERNATIONAL INCexhibit32203312017q3.htm
EX-31.2 - KIMBALL INTERNATIONAL, INC. EXHIBIT 31.2 - KIMBALL INTERNATIONAL INCexhibit31203312017q3.htm
EX-31.1 - KIMBALL INTERNATIONAL, INC. EXHIBIT 31.1 - KIMBALL INTERNATIONAL INCexhibit31103312017q3.htm
10-Q - KIMBALL INTERNATIONAL, INC. FORM 10-Q - KIMBALL INTERNATIONAL INCkbal10q03312017q3.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)
March 31, 2017
 
March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
Basic Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared
 
 
$
2,251

 
 
 
 
 
$
2,072

 
 
Undistributed Earnings
 
 
4,980

 
 
 
 
 
685

 
 
Net Income
 
 
$
7,231

 
 
 
 
 
$
2,757

 
 
Average Basic Shares Outstanding
 
 
37,236

 
 
 
 
 
37,439

 
 
Basic Earnings Per Share
 
 
$
0.19

 
 
 
 
 
$
0.07

 
 
Diluted Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared and Assumed Dividends on Dilutive Shares
 
 
$
2,275

 
 
 
 
 
$
2,086

 
 
Undistributed Earnings
 
 
4,956

 
 
 
 
 
671

 
 
Net Income
 
 
$
7,231

 
 
 
 
 
$
2,757

 
 
Average Diluted Shares Outstanding
 
 
37,642

 
 
 
 
 
37,707

 
 
Diluted Earnings Per Share
 
 
$
0.19

 
 
 
 
 
$
0.07

 
 
Reconciliation of Basic and Diluted EPS Calculations:
 
 
 
 
 
 
 
 
 
 
 
Net Income Used for Basic EPS Calculation
 
 
$
7,231

 
 
 
 
 
$
2,757

 

Assumed Dividends Payable on Dilutive Shares
 
 
24

 
 
 
 
 
14

 

Increase (Reduction) in Undistributed Earnings
 
 
(24
)
 
 
 
 
 
(14
)
 

Net Income Used for Diluted EPS Calculation
 
 
$
7,231

 
 
 
 
 
$
2,757

 

Average Shares Outstanding for Basic EPS Calculation
 
 
37,236

 
 
 
 
 
37,439

 

Dilutive Effect of Average Outstanding Compensation Awards
 
 
406

 
 
 
 
 
268

 
 
Average Shares Outstanding for Diluted EPS Calculation
 
 
37,642

 
 
 
 
 
37,707

 
 







(Unaudited)
Nine Months Ended
 
Nine Months Ended
(Amounts in Thousands, Except for Per Share Data)
March 31, 2017
 
March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
Basic Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared
 
 
$
6,774

 
 
 
 
 
$
6,214

 
 
Undistributed Earnings
 
 
20,172

 
 
 
 
 
8,667

 
 
Net Income
 
 
$
26,946

 
 
 
 
 
$
14,881

 
 
Average Basic Shares Outstanding
 
 
37,360

 
 
 
 
 
37,458

 
 
Basic Earnings Per Share
 
 
$
0.72

 
 
 
 
 
$
0.40

 
 
Diluted Earnings Per Share:
 
 
 
 
 
 
 
 
 
 
 
Dividends Declared and Assumed Dividends on Dilutive Shares
 
 
$
6,864

 
 
 
 
 
$
6,282

 
 
Undistributed Earnings
 
 
20,082

 
 
 
 
 
8,599

 
 
Net Income
 
 
$
26,946

 
 
 
 
 
$
14,881

 
 
Average Diluted Shares Outstanding
 
 
37,860

 
 
 
 
 
37,869

 
 
Diluted Earnings Per Share
 
 
$
0.71

 
 
 
 
 
$
0.39

 
 
Reconciliation of Basic and Diluted EPS Calculations:
 
 
 
 
 
 
 
 
 
 
 
Net Income Used for Basic EPS Calculation
 
 
$
26,946

 
 
 
 
 
$
14,881

 
 
Assumed Dividends Payable on Dilutive Shares
 
 
90

 
 
 
 
 
68

 
 
Increase (Reduction) in Undistributed Earnings
 
 
(90
)
 
 
 
 
 
(68
)
 
 
Net Income Used for Diluted EPS Calculation
 
 
$
26,946

 
 
 
 
 
$
14,881

 
 
Average Shares Outstanding for Basic EPS Calculation
 
 
37,360

 
 
 
 
 
37,458

 
 
Dilutive Effect of Average Outstanding Compensation Awards
 
 
500

 
 
 
 
 
411

 
 
Average Shares Outstanding for Diluted EPS Calculation
 
 
37,860

 
 
 

 
37,869