DuPont 2012 Annual Report Download - page 67
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Please find page 67 of the 2012 DuPont annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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(Dollars in millions, except per share)
Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:
Income from continuing operations after income taxes attributable to DuPont $2,468 $3,119 $ 2,724
Preferred dividends (10)(10)(10)
Income from continuing operations after income taxes available to DuPont common
stockholders $2,458 $ 3,109 $ 2,714
Income from discontinued operations after income taxes $320 $355 $307
Net income available to common stockholders $2,778 $3,464 $3,021
Weighted-average number of common shares outstanding – Basic 933,275,000 928,417,000 908,860,000
Dilutive effect of the company's employee compensation plans 8,922,000 12,612,000 12,795,000
Weighted average number of common shares outstanding – Diluted 942,197,000 941,029,000 921,655,000
The weighted-average number of common shares outstanding in 2012 and 2011 increased as a result of the issuance of new shares from the company's equity
compensation plans, partially offset by the company's repurchase and retirement of its common stock (see Note 17).
The following average number of stock options are antidilutive and therefore, are not included in the diluted earnings per share calculation:
Average number of stock options 12,158,000 4,361,000 45,508,000
The change in the average number of stock options that were antidilutive in 2012 and 2011 was primarily due to changes in the company's average stock
price.
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