Omron 2004 Annual Report Download - page 61

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59
13. PER SHARE DATA
The Company accounts for its net income (loss) per share in accordance with SFAS No.128,“Earnings per Share.” Basic net income
(loss) per share has been computed by dividing net income (loss) available to common shareholders by the weighted-average number
of common shares outstanding during each year. Diluted net income (loss) per share reflects the potential dilution of convertible bonds
and stock options, and has been computed by the if-converted method for convertible bonds and by the treasury stock method for
stock options.
A reconciliation of the numerators and denominators of the basic and diluted net income (loss) per share computations is as follows:
vested and for which Japanese income taxes have not been provided were ¥47,638 million ($449,415 thousand) and ¥62,094 million
at March 31, 2004 and 2003, respectively. Dividends received from domestic subsidiaries are expected to be substantially free of tax.
12. FOREIGN OPERATIONS
Net sales and total assets of foreign subsidiaries for the years ended March 31, 2004, 2003 and 2002 were as follows:
Income (loss) before cumulative effect of accounting change. . . . . . . . . . . . . .
Effect of dilutive securities:
Convertible bonds, due 2004 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Diluted income (loss) before cumulative effect of accounting change . . . . . .
$252,934
3,085
$256,019
Millions of yen
2004
Thousands of
U.S. dollars
20022003
2004
¥(16,157)
—
¥(16,157)
¥511
—
¥511
¥26,811
327
¥27,138
Net sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$1,967,358
$1,534,245
Millions of yen
2004
Thousands of
U.S. dollars
20022003
2004
¥176,096
¥146,734
¥194,498
¥158,300
¥208,540
¥162,630
Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Effect of dilutive securities:
Convertible bonds, due 2004 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Diluted income (loss). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$252,934
3,085
$256,019
Millions of yen
2004
Thousands of
U.S. dollars
20022003
2004
¥(15,773)
—
¥(15,773)
¥511
—
¥511
¥26,811
327
¥27,138
Weighted average common shares outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Dilutive effect of:
Convertible bonds, due 2004 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Stock options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Diluted common shares outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
247,336,015
—
—
247,336,015
248,401,803
—
—
248,401,803
20022003
Number of shares
242,296,332
10,026,639
53,053
252,376,024
2004