Henry Schein 2014 Annual Report Download - page 98

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HENRY SCHEIN, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
(in thousands, except per share data)
84
Note 10 – Plans of Restructuring – (Continued)
The following table shows, by reportable segment, the amounts expensed and paid for restructuring costs that
were incurred during our 2014, 2013 and 2012 fiscal years and the remaining accrued balance of restructuring costs
as of December 27, 2014:
Technology and
Health Care Value-Added
Distribution Services Total
Balance, December 31, 2011 .........................................................
.
$ 1,120 $ - $ 1,120
Provision .......................................................................................
.
14,981 211 15,192
Payments and other adjustments ...................................................
.
(13,058) (197) (13,255)
Balance, December 29, 2012 .........................................................
.
$ 3,043 $ 14 $ 3,057
Provision .......................................................................................
.
- - -
Payments and other adjustments ...................................................
.
(2,332) (14) (2,346)
Balance, December 28, 2013 .........................................................
.
$ 711 $ - $ 711
Provision .......................................................................................
.
- - -
Payments and other adjustments ...................................................
.
(290) - (290)
Balance, December 27, 2014 .........................................................
.
$ 421 $ - $ 421
Note 11 – Earnings Per Share
Basic earnings per share is computed by dividing net income attributable to Henry Schein, Inc. by the
weighted-average number of common shares outstanding for the period. Our diluted earnings per share is
computed similarly to basic earnings per share, except that it reflects the effect of common shares issuable for
presently unvested restricted stock and restricted stock units and upon exercise of stock options, using the treasury
stock method in periods in which they have a dilutive effect.
A reconciliation of shares used in calculating earnings per basic and diluted share follows:
Years Ended
December 27, December 28, December 29,
2014 2013 2012
Basic .............................................................................................................
.
84,265 85,926 87,499
Effect of dilutive securities:
Stock options, restricted stock and restricted stock units .........................
.
1,475 1,696 2,324
Diluted .....................................................................................................
.
85,740 87,622 89,823