Motorola 2013 Annual Report Download - page 66

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64
Earnings Per Common Share
Basic and diluted earnings per common share from both continuing operations and net earnings attributable to Motorola
Solutions, Inc., including discontinued operations, is computed as follows:
Earnings from Continuing Operations Net Earnings
Years ended December 31 2013 2012 2011 2013 2012 2011
Basic earnings per common
share:
Earnings $ 1,099 $ 878 $ 747 $ 1,099 $ 881 $ 1,158
Weighted average common
shares outstanding 266.0 292.1 333.8 266.0 292.1 333.8
Per share amount $ 4.13 $ 3.01 $ 2.24 $ 4.13 $ 3.01 $ 3.47
Diluted earnings per
common share:
Earnings $ 1,099 $ 878 $ 747 $ 1,099 $ 881 $ 1,158
Weighted average common
shares outstanding 266.0 292.1 333.8 266.0 292.1 333.8
Add effect of dilutive
securities:
Share-based awards 4.5 5.3 5.9 4.5 5.3 5.9
Diluted weighted average
common shares outstanding 270.5 297.4 339.7 270.5 297.4 339.7
Per share amount $ 4.06 $ 2.95 $ 2.20 $ 4.06 $ 2.96 $ 3.41
In the computation of diluted earnings per common share from both continuing operations and on a net earnings basis for
the years ended December 31, 2013 and December 31, 2012, the assumed exercise of 5.6 million and 5.9 million stock options,
respectively, were excluded because their inclusion would have been antidilutive. For the year ended December 31, 2011, the
assumed exercise of 8.6 million stock options and vesting of 0.2 million restricted stock units were excluded because their
inclusion would have been antidilutive.