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eTrade 2005 Annual Report Download - page 183

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Excluded from the calculations of diluted income (loss) per share are 7.8million and 45.4million shares of common stock for 2005 and

2003, respectively, issuable under convertible subordinated notes as the effect of applying the treasury stock method on an

if-converted basis would be anti-dilutive. In addition, in 2005, 25.0 million shares of common stock potentially issuable related to the

conversion of mandatory convertible notes was excluded from the calculations because it would be anti-dilutive.

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2006. EDGAR Online, Inc.