Delta Airlines 2012 Annual Report Download - page 100

The following table shows the balances and activity for restructuring charges:
NOTE 17 . EARNINGS PER SHARE
We calculate basic earnings per share by dividing the net income by the weighted average number of common shares outstanding. Shares issuable
upon the satisfaction of certain conditions are considered outstanding and included in the computation of basic earnings per share.
The following table shows our computation of basic and diluted earnings per share:
93
Severance and Related Costs Lease Restructuring
(in millions) 2012 2011 2010
2012 2011 2010
Liability at beginning of period
$
46
$
20
$
69
$
64
$
85
$
74
Additional costs and expenses
126
100
15
45
—
20
Other
—
—
—
—
—
14
Payments
(123
)
(74
)
(64
)
(32
)
(21
)
(23
)
Liability at end of period
$
49
$
46
$
20
$
77
$
64
$
85
Year Ended December 31,
(in millions, except per share data) 2012 2011 2010
Net income
$
1,009
$
854
$
593
Basic weighted average shares outstanding
845
838
834
Dilutive effects of share based awards
5
6
9
Diluted weighted average shares outstanding
850
844
843
Basic earnings per share
$
1.20
$
1.02
$
0.71
Diluted earnings per share
$
1.19
$
1.01
$
0.70
Antidilutive common stock equivalents excluded from diluted earnings per share
18
17
22