Delta Airlines 2015 Annual Report Download - page 99
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TableofContents
Thefollowingtableshowsthebalancesandactivityforrestructuringcharges:
SeveranceandRelatedCosts
LeaseRestructuring
(inmillions) 2015 2014 2013
2015 2014 2013
Liabilityatbeginningofperiod $ 42 $ — $ 49
$ 462 $ 168 $ 77
Additionalcostsandexpenses 51 71 —
41 349 114
Payments (41) (29) (46)
(86) (55) (18)
Other — — (3)
(2) — (5)
Liabilityatendofperiod $ 52 $ 42 $ —
$ 415 $ 462 $ 168
NOTE16.EARNINGSPERSHARE
Wecalculatebasicearningspersharebydividingthenetincomebytheweightedaveragenumberofcommonsharesoutstanding,excludingrestrictedshares.
Wecalculatedilutedearningspersharebydividingnetincomebytheweightedaveragenumberofcommonsharesoutstandingplusthedilutiveeffectof
outstandingshare-basedawards,includingstockoptionsandrestrictedstockawards.Antidilutivecommonstockequivalentsexcludedfromthedilutedearningsper
sharecalculationarenotmaterial.Thefollowingtableshowsourcomputationofbasicanddilutedearningspershare:
YearEndedDecember31,
(inmillions,exceptpersharedata) 2015 2014 2013
Netincome $ 4,526 $ 659 $ 10,540
Basicweightedaveragesharesoutstanding 797 836 849
Dilutiveeffectofshare-basedawards 7 9 9
Dilutedweightedaveragesharesoutstanding 804 845 858
Basicearningspershare $ 5.68 $ 0.79 $ 12.41
Dilutedearningspershare $ 5.63 $ 0.78 $ 12.29
93