Company: ROK
Filing Date: 2025-11-12
Form Type: 10-K
Source: 0001024478-25-000116
Chunk: 304

Company: ROCKWELL AUTOMATION, INC
Filing Date: 2025-11-12
Form: 10-K
Item: Item 8
Chunk 304
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 employee must pay upon exercise of the award and the amount of unearned share-based compensation costs attributed to future services. Share-based compensation awards for which the total employee proceeds of the award exceed the average market price of the same award over the period have an antidilutive effect on EPS, and accordingly, we exclude them from the calculation. Antidilutive share-based compensation awards for the years ended September 30, 2025 (0.5 million shares), 2024 (0.5 million shares), and 2023 (0.4 million shares), were excluded from the diluted EPS calculation. U.S. GAAP requires unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, to be treated as participating securities and included in the computation of EPS pursuant to the two-class method. Our participating securities are composed of restricted stock and non-employee director restricted stock units.The following table reconciles basic and diluted EPS amounts (in millions, except per share amounts):202520242023Net income attributable to Rockwell Automation, Inc.$869 $953 $1,387 Less: Allocation to participating securities(2)(5)(6)Net income available to common shareowners$867 $948 $1,381 Basic weighted average outstanding shares112.7 114.0 114.8 Effect of dilutive securities   Stock options0.4 0.5 0.7 Performance shares— — 0.1 Diluted weighted average outstanding shares113.1 114.5 115.6 Earnings per share:   Basic$7.69 $8.32 $12.03 Diluted$7.67 $8.28 $11.95 Share-Based CompensationWe recognize share-based compensation expense for equity awards on a straight-line basis over the service period of the award based on the fair value of the award as of the grant date. Product and Workers’ Compensation LiabilitiesWe record accruals for product and workers’ compensation claims in the period in which they are probable and reasonably estimable. Our principal self-insurance programs include product liability and workers’ compensation where we self-insure up to a specified dollar amount. Claims exceeding this amount up to specified limits are covered by insurance policies purchased from commercial insurers. We estimate the liability for the majority of the self-insured claims using our claims experience for the periods being valued.

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