DIRECTV 2010 Annual Report Download - page 79

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DIRECTV
CONSOLIDATED STATEMENTS OF OPERATIONS—(continued)
Years Ended December 31,
2010 2009 2008
(Dollars in Millions, Except Per
Share Amounts)
Net income attributable to common stockholders:
Income from continuing operations, net of taxes, attributable to DIRECTV Class A common stockholders (DIRECTV Group common stockholders
for the year ended December 31, 2008 and the period January 1, 2009 through November 19, 2009) ............................. $ 2,014 $ 942 $ 1,515
Income from continuing operations, net of taxes, attributable to DIRECTV Class B common stockholders, for the period of November 19, 2009
through June 16, 2010, including $160 million exchange inducement value for the Malone Transaction in 2010 ...................... 184 — —
Income from discontinued operations, net of taxes ................................................................ — — 6
Net income attributable to DIRECTV ........................................................................ $ 2,198 $ 942 $ 1,521
Basic earnings attributable to DIRECTV Class A common stockholders per common share (DIRECTV Group common shares for the year
ended December 31, 2008 and for the period January 1, 2009 through November 19, 2009):
Income from continuing operations .......................................................................... $ 2.31 $ 0.96 $ 1.36
Income from discontinued operations, net of taxes ................................................................ — — 0.01
Net income ......................................................................................... $ 2.31 $ 0.96 $ 1.37
Diluted earnings attributable to DIRECTV Class A common stockholders per common share (DIRECTV Group common shares for the year
ended December 31, 2008 and for the period January 1, 2009 through November 19, 2009):
Income from continuing operations .......................................................................... $ 2.30 $ 0.95 $ 1.36
Income from discontinued operations, net of taxes ................................................................ — — 0.01
Net income ......................................................................................... $ 2.30 $ 0.95 $ 1.37
Basic and diluted earnings (loss) attributable to DIRECTV Class B common stockholders per common share, for the period of
November 19, 2009 through June 16, 2010, including $160 million exchange inducement value for the Malone Transaction in 2010:
Income (loss) from continuing operations ...................................................................... $ 8.44 $ (0.02) $ —
Weighted average number of Class A common shares outstanding (in millions)
Basic ............................................................................................ 870 982 1,110
Diluted .......................................................................................... 876 989 1,114
Weighted average number of Class B common shares outstanding, for the period of November 19, 2009 through June 16, 2010 (in millions)
Basic ............................................................................................ 22 22 —
Diluted .......................................................................................... 22 22 —
Weighted average number of total common shares outstanding (in millions):
Basic ............................................................................................ 880 985 1,110
Diluted .......................................................................................... 886 992 1,114
The accompanying notes are an integral part of these Consolidated Financial Statements.
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