DIRECTV 2011 Annual Report Download - page 114

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DIRECTV
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(continued)
Per Share
The reconciliation of the amounts used in the basic and diluted EPS Income Shares Amounts
computation was as follows: (Dollars and Shares in Millions,
Except Per Share Amounts)
Per Share Year Ended December 31, 2009:
Income Shares Amounts DIRECTV Class A Common Stock (DIRECTV Group common
(Dollars and Shares in Millions, stock for period from January 1, 2009 through November 19,
Except Per Share Amounts) 2009):
Year Ended December 31, 2011: Basic EPS
DIRECTV Class A Common Stock: Net income attributable to DIRECTV ............... $ 942 $982 $ 0.96
Basic EPS Effect of Dilutive Securities
Net income attributable to DIRECTV Class A common Dilutive effect of stock options and restricted stock units ..... — 7 (0.01)
stockholders ............................. $2,609 $747 $ 3.49
Effect of Dilutive Securities Diluted EPS
Dilutive effect of stock options and restricted stock units ..... — 5 (0.02) Adjusted net income attributable to DIRECTV .......... $ 942 $989 $ 0.95
Diluted EPS DIRECTV Class B Common Stock:
Adjusted net income attributable to DIRECTV Class A Net income attributable to DIRECTV Class B common
common stockholders ....................... $2,609 $752 $ 3.47 stockholders .............................. $ — $22 $(0.02)
Year Ended December 31, 2010:
DIRECTV Class A Common Stock: Note 16: Share-Based Payment
Basic EPS
Net income attributable to DIRECTV Class A common As a result of the Liberty Transaction completed on November 19, 2009,
stockholders ............................. $2,014 $870 $ 2.31 DIRECTV assumed share based payment awards granted under plans of both the
Effect of Dilutive Securities DIRECTV Group and LEI. See Note 4 for additional information regarding the
Dilutive effect of stock options and restricted stock units ..... — 6 (0.01)
Liberty Transaction.
Diluted EPS
Adjusted net income attributable to DIRECTV Class A Under The DIRECTV Group, Inc. Amended and Restated 2004 Stock Plan,
common stockholders ....................... $2,014 $876 $ 2.30 or the DIRECTV Plan, as approved by DIRECTV Group stockholders on June 5,
DIRECTV Class B Common Stock: 2007, shares, rights or options to acquire up to 21 million shares of common stock
Basic and diluted EPS plus the number of shares that were granted under a former plan but which, after
Net income attributable to DIRECTV Class B common December 22, 2003 are forfeited, expire or are canceled without the delivery of
stockholders, including $160 million exchange inducement value shares of common stock or otherwise result in the return of such shares to us, were
for the Malone Transaction ...................... $ 184 $22 $8.44
authorized for grant through June 4, 2017, subject to the approval of the
Compensation Committee of our Board of Directors.
As part of the Liberty Transaction on November 19, 2009, we assumed the
Liberty Entertainment Transitional Stock Plan, or the LEI Plan. Under the LEI
Plan, we assumed 16.7 million stock options and stock appreciation rights, or
SARs, and issued 1.1 million shares of Class A common stock to holders of
restricted stock units issued under the LEI Plan. We are authorized to issue shares,
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