Visa 2010 Annual Report Download - page 114

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Table of Contents
VISA INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
September 30, 2010
(in millions, except as noted)
share data have been recomputed to conform to current period presentation. As a result of this adoption, fiscal 2009 basic earnings per share for class A and
class C common stock decreased from $3.11 (previously reported) to $3.10. There was no other change to previously reported basic or diluted earnings per
share for the full year fiscal 2009 and 2008 as a result of this adoption.
The following table presents basic and diluted earnings per share for fiscal 2010.
Basic Earnings Per Share Diluted Earnings Per Share
(in millions, except per share data)
Income
Allocation
($) (A)
Weighted
Average
Shares
Outstanding (B)
Earnings per
Share ($) =
(A)/(B)(1)
Income
Allocation
($) (A)
Weighted
Average
Shares
Outstanding (B)
Earnings per
Share ($) =
(A)/(B)(1)
Common Stock:
Class A(2) 1,940 482 4.03 2,966 739 4.01
Class B 566(3) 245 2.31 565(3) 245 2.30
Class C 451 112 4.03 449 112 4.01
Participating securities 9 Not presented Not presented 9 Not presented Not presented
Net income attributable to Visa Inc. $2,966
The following table presents basic and diluted earnings per share for fiscal 2009.
Basic Earnings Per Share Diluted Earnings Per Share
(in millions, except per share data)
Income
Allocation
($) (A)
Weighted
Average
Shares
Outstanding (B)
Earnings per
Share ($) =
(A)/(B)(1)
Income
Allocation
($) (A)
Weighted
Average
Shares
Outstanding (B)
Earnings per
Share ($) =
(A)/(B)(1)
Common Stock Redeemed October 10, 2008:
Class C (series II) and class C (series III)(4) 4 Not presented Not presented 4 Not presented Not presented
Common Stock:
Class A(2) 1,397 451 3.10 2,350 759 3.10
Class B 485(3) 245 1.98 485(3) 245 1.98
Class C 460 148 3.10 459 148 3.10
Participating securities 7 Not presented Not presented 7 Not presented Not presented
Net income attributable to Visa Inc. $ 2,353
113