Charles Schwab 2010 Annual Report Download - page 105

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THE CHARLES SCHWAB CORPORATION
Notes to Consolidated Financial Statements
(Tabular Amounts in Millions, Except Per Share Data, Option Price Amounts, Ratios, or as Noted)
-86 -
27. Quarterly Financial Information (Unaudited)
Fourth
Quarter
Third
Quarter
Second
Quarter
Firs
t
Quarter
Year Ended December 31, 2010:
Net Revenues
$ 1,127
$ 1,063
$1,08
0
$ 978
Ex
p
enses Excludin
g
Interest
$898
$864
$742
$965
Net Income
$ 119
$ 124
$ 205
$6
Wei
g
hted Avera
g
e Common Shares Outstandin
g
Diluted
1,20
0
1,194
1,195
1,188
Basic Earnin
g
s Per Share
$.1
0
$.1
0
$ .17
$
Diluted Earnin
g
s Per Share
$.1
0
$.1
0
$.17
$
Dividends Declared Per Common Share
$.06
$.06
$ .06
$.06
Ran
g
e of Common Stock Price Per Share:
Hi
g
h
$17.42
$ 15.43
$ 19.88
$19.78
Low
$13.98
$12.76
$14.18
$17.5
0
Ran
g
e of Price/Earnin
g
s Ratio :
Hi
g
h
47
38
41
4
0
Low
38
31
3
0
36
Year Ended December 31, 2009:
Net Revenues
$ 986
$ 1,011
$ 1,085
$ 1,111
Ex
p
enses Excludin
g
Interest
$72
0
$691
$75
0
$756
Net Income
$ 164
$20
0
$ 205
$ 218
Wei
g
hted Avera
g
e Common Shares Outstandin
g
Diluted
1,163
1,163
1,16
0
1,156
Basic Earnin
g
s Per Share
$.14
$.17
$ .18
$.19
Diluted Earnin
g
s Per Share
$.14
$.17
$.18
$.19
Dividends Declared Per Common Share
$.06
$.06
$ .06
$.06
Ran
g
e of Common Stock Price Per Share:
Hi
g
h
$19.49
$ 19.45
$ 18.92
$16.63
Low
$16.94
$16.47
$15.31
$11.34
Ran
g
e of Price/Earnin
g
s Ratio :
Hi
g
h
29
24
21
17
Low
25
2
0
17
12
Price/earnings ratio is computed by dividing the high and low market prices by diluted earnings per share for the preceding 12-
month
p
eriod endin
g
on the last da
y
of the
q
uarter
p
resented.
(1)
(1)
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