Oracle 2010 Annual Report Download - page 205

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EARNINGS PER SHARE
EARNINGS PER SHARE
(USD $)
12 Months Ended
05/31/2011
EARNINGS PER SHARE 17. EARNINGS PER SHARE
Basic earnings per share is computed by dividing net income for the period by the weighted average number of common shares
outstanding during the period. Diluted earnings per share is computed by dividing net income for the period by the weighted
average number of common shares outstanding during the period, plus the dilutive effect of outstanding stock options and restricted
stock-based awards and shares issuable under the employee stock purchase plan using the treasury stock method. The following
table sets forth the computation of basic and diluted earnings per share:
Year Ended May 31,
(in millions, except per share data) 2011 2010 2009
Net income $ 8,547 $ 6,135 $ 5,593
Weighted average common shares outstanding 5,048 5,014 5,070
Dilutive effect of employee stock plans 80 59 60
Diluted weighted average common shares outstanding 5,128 5,073 5,130
Basic earnings per share $ 1.69 $ 1.22 $ 1.10
Diluted earnings per share $ 1.67 $ 1.21 $ 1.09
Shares subject to anti-dilutive stock options and restricted stock-based awards excluded from
calculation(1)
57 141 173
(1) These weighted shares relate to anti-dilutive stock options and restricted stock-based awards as
calculated using the treasury stock method (described above) and could be dilutive in the future. See
Note 14 for information regarding the exercise prices of our outstanding, unexercised options.
Source: ORACLE CORP, 10-K, June 28, 2011 Powered by Morningstar® Document Research℠