Delta Airlines 2014 Annual Report Download - page 99

The following table shows the balances and activity for restructuring charges:
NOTE 18 . EARNINGS PER SHARE
We calculate basic earnings per share by dividing the net income by the weighted average number of common shares outstanding, excluding
restricted shares. Antidilutive common stock equivalents excluded from the diluted earnings per share calculation are not material. The following table
shows our computation of basic and diluted earnings per share:
92
Severance and Related Costs
Lease Restructuring
(in millions) 2014 2013 2012
2014 2013 2012
Liability at beginning of period
$
—
$
49
$
46
$
168
$
77
$
64
Additional costs and expenses
71
—
126
349
114
45
Payments
(29
)
(46
)
(123
)
(55
)
(18
)
(32
)
Other
—
(
3
)
—
—
(
5
)
—
Liability at end of period
$
42
$
—
$
49
$
462
$
168
$
77
Year Ended December 31,
(in millions, except per share data) 2014 2013 2012
Net income
$
659
$
10,540
$
1,009
Basic weighted average shares outstanding
836
849
845
Dilutive effect of share-based awards
9
9
5
Diluted weighted average shares outstanding
845
858
850
Basic earnings per share
$
0.79
$
12.41
$
1.20
Diluted earnings per share
$
0.78
$
12.29
$
1.19