Carnival Cruises 2012 Annual Report Download - page 97

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Table of Contents
Defined Contribution Plans
We have several defined contribution plans available to most of our employees. We contribute to these plans based on employee contributions, salary levels and
length of service. Total expense for these plans was $22 million, $21 million and $20 million in 2012, 2011 and 2010, respectively.
NOTE 14 – Earnings Per Share
Our basic and diluted earnings per share were computed as follows (in millions, except per share data):
Years Ended November 30,
2012 2011 2010
Net income $1,298 $1,912 $1,978
Interest on dilutive convertible notes - - 11
Net income for diluted earnings per share $1,298 $1,912 $1,989
Weighted-average common and ordinary shares outstanding 778 787 788
Dilutive effect of convertible notes - - 14
Dilutive effect of equity plans 1 2 3
Diluted weighted-average shares outstanding 779 789 805
Basic earnings per share $1.67 $2.43 $2.51
Diluted earnings per share $1.67 $2.42 $2.47
Anti-dilutive stock options excluded from diluted earnings per share computations 8 9 10
NOTE 15 – Supplemental Cash Flow Information
Cash paid for interest, net of capitalized interest, was $347 million, $358 million and $361 million in 2012, 2011 and 2010, respectively. In addition, cash
(paid) received, net for income taxes was $(4) million, $9 million and $(15) million in 2012, 2011 and 2010, respectively.
F-27