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55
PART II
ITEM8.NotestoConsolidatedFinancialStatements
ThefollowingtablesetsforththecomputationofbasicanddilutednetincomepershareofClassAandClassBcommonstock
(inmillions,exceptshareamountswhicharereectedinthousandsandpershareamounts):
Year Ended December31,
2011 2012 2013
Class A Class B Class A Class B Class A Class B
Basicnetincome(loss)pershare:
Numerator
Allocationofundistributed
earnings—continuingoperations $7,658 $2,079 $ 8,641 $2,147 $ 10,037 $ 2,177
Allocationofundistributed
earnings—discontinuedoperations 0 0 (41) (10) 580 126
Total $7,658 $2,079 $ 8,600 $2,137 $ 10,617 $ 2,303
Denominator
Numberofsharesused
inpersharecomputation 253,862 68,916 262,078 65,135 273,518 59,328
Basicnetincome(loss)pershare
Continuingoperations $30.17 $30.17 $ 32.97 $32.97 $ 36.70 $ 36.70
Discontinuedoperations 0 0 (0.16) (0.16) 2.12 2.12
Basicnetincomepershare $30.17 $30.17 $32.81 $32.81 $38.82 $38.82
Dilutednetincomepershare:
Numerator
Allocationofundistributedearningsfor
basiccomputation—continuingoperations $7,658 $2,079 $ 8,641 $2,147 $ 10,037 $ 2,177
Reallocationofundistributedearnings
asaresultofconversionofClassB
toClassAshares 2,079 0 2,147 0 2,177 0
Reallocationofundistributedearnings
toClassBshares 0 (27) 0 (31) 0 (38)
Allocationofundistributed
earnings—continuingoperations $9,737 $2,052 $ 10,788 $2,116 $ 12,214 $ 2,139
Allocationofundistributedearningsforbasic
computation-discontinuedoperations $0$0 $ (41) $ (10) $580 $126
Reallocationofundistributedearnings
asaresultofconversionofClassB
toClassAshares 0 0 (10)  0 126 0
Reallocationofundistributedearnings
toClassBshares 0 0 0 0 0 (2)
Allocationofundistributed
earnings—discontinuedoperations $0$0 $ (51) $ (10) $706 $124
Denominator
Numberofsharesused
inbasiccomputation 253,862 68,916 262,078 65,135 273,518 59,328
Weighted-averageeectofdilutivesecurities
Add:
ConversionofClassBtoClassAcommon
sharesoutstanding 68,916 0 65,135 0 59,328 0
Employeestockoptions,including
warrantsissuedunderTransferableStock
Optionprogram 2,958 46 2,944 34 2,748 4
Restrictedstockunits 1,478 0 2,148 0 3,215 0
Numberofsharesused
inpersharecomputation 327,214 68,962 332,305 65,169 338,809 59,332
Dilutednetincome(loss)pershare:
Continuingoperations $29.76 $29.76 $ 32.46 $32.46 $ 36.05 $ 36.05
Discontinuedoperations 0 0 (0.15) (0.15) 2.08 2.08
Dilutednetincomepershare $29.76 $29.76 $32.31 $32.31 $38.13 $38.13
ThenetincomepershareamountsarethesameforClassAandClassBcommonstockbecausetheholdersofeachclassare
legallyentitledtoequalpersharedistributionswhetherthroughdividendsorinliquidation.
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