Omron 2005 Annual Report Download - page 70

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68
13. Per Share Data
Net income ...................................................................................
Effect of dilutive securities:
Convertible bonds, due 2004 ................................................
Diluted income..........................................................................
$282,019
1,542
$283,561
Millions of yen
2005
Thousands of
U.S. dollars
20032004
2005
¥511
—
¥511
¥26,811
327
¥27,138
¥30,176
165
¥30,341
Weighted average common shares outstanding ...................................................
Dilutive effect of:
Convertible bonds, due 2004...........................................................................
Stock options ...................................................................................................
Diluted common shares outstanding..................................................................
242,296,332
10,026,639
53,053
252,376,024
247,336,015
—
—
247,336,015
20032004
Number of shares
238,505,304
4,623,997
76,574
243,205,875
2005
The Company accounts for its net income per share in accor-
dance with SFAS No. 128, “Earnings per Share.” Basic net
income per share has been computed by dividing net income
available to common shareholders by the weighted-average num-
ber of common shares outstanding during each year. Diluted net
income per share reflects the potential dilution of convertible
bonds and stock options, and has been computed by the if-con-
verted method for convertible bonds and by the treasury stock
method for stock options.
For the year ended March 31, 2003, the assumed conversion of
convertible bonds, giving effect to the incremental shares and the
adjustment to reduce interest expenses, was anti-dilutive and
has, therefore, been excluded from the computation.
For the year ended March 31, 2003, the assumed exercise of
stock options, giving effect to the incremental shares, was anti-
dilutive and has been excluded from the computation.
A reconciliation of the numerators and denominators of the basic and diluted net income per share computations is as follows:
Interest paid..................................................................................
Income taxes paid ........................................................................
Non-cash investing and financing activities:
Liabilities assumed in connection with capital expenditures...
Stock issued due to convertible bonds ....................................
Transfer of assets and liabilities to joint venture......................
Fair value of minority interests acquired
by the reissuance of treasury stock......................................
$10,262
166,495
24,963
355
152,056
—
Millions of yen
2005
Thousands of
U.S. dollars
20032004
2005
¥ 1,431
7,588
1,320
—
—
84
¥ 1,217
7,508
3,848
—
—
—
¥ 1,098
17,815
2,671
38
16,270
—
Supplemental cash flow information for the years ended March 31, 2005, 2004 and 2003 was as follows:
14. Supplemental Information for Cash Flows