Burger King 2012 Annual Report Download - page 121

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Table of Contents


Basic and diluted earnings (loss) per share are as follows (in millions except for per share information):
 
 







 

Net income (loss) $117.7 $ 88.1 $(115.7) $ 71.1 $186.8

Weighted average shares — basic 349.7 348.2 347.9 136.1 135.4
Effect of dilutive securities 4.5 1.8 1.8
Weighted average shares — diluted 354.1 348.2 347.9 137.9 137.2
Basic earnings (loss) per share $0.34 $ 0.25 $(0.33) $ 0.52 $1.38
Diluted earnings (loss) per share $0.33 $ 0.25 $(0.33) $ 0.52 $ 1.36
Antidilutive stock options outstanding 2.7 12.5 4.3 4.3

Franchise and property revenues consist of the following (in millions):
 
 







 
Franchise royalties $603.5 $565.5 $107.4 $165.2 $529.5
Property revenues 151.3 111.2 23.5 34.0 113.7
Initial franchise fees 19.0 13.3 2.6 1.7 10.9
Renewal franchise fees and other related fees 23.5 7.0 1.6 2.3 8.8
Total $797.3 $697.0 $ 135.1 $203.2 $662.9
Refer to Note 9 for the components of property revenues.
120
Source: Burger King Worldwide, Inc., 10-K, February 22, 2013 Powered by Morningstar® Document Research
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