Canon 2004 Annual Report Download - page 79

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77
(17) Net Income per Share
A reconciliation of the numerators and denominators of basic
and diluted net income per share computations is as follows:
Year ended December 31 Thosands of
Millions of yen U.S. dollars
2004 2003 2002 2004
Net income ¥343,344 275,730 190,737 $3,301,385
Effect of dilutive securities:
1% Japanese yen convertible debentures,
due 2002 —26
1.20% Japanese yen convertible
debentures, due 2005 24 36 48 231
1.30% Japanese yen convertible
debentures, due 2008 72 86 91 692
Diluted net income ¥343,440 275,852 190,902 $3,302,308
Number of shares
Average common shares outstanding 885,365,124 878,648,844 876,716,443
Effect of dilutive securities:
1% Japanese yen convertible debentures,
due 2002 1,952,315
1.20% Japanese yen convertible
debentures, due 2005 462,823 2,664,354 3,446,071
1.30% Japanese yen convertible
debentures, due 2008 2,125,278 6,382,560 6,624,428
Diluted common shares outstanding 887,953,225 887,695,758 888,739,257
Yen U.S. dollars
Net income per share:
Basic ¥387.80 313.81 217.56 $3.73
Diluted 386.78 310.75 214.80 3.72