ATVI » Topics » 11. Computation of Earnings Per Share

These excerpts taken from the ATVI 10-K filed May 30, 2008.

11. Computation of Earnings Per Share

        The following table sets forth the computations of basic and diluted earnings per share (amounts in thousands, except per share data):

 
  For the years ended March 31,
 
  2008
  2007
  2006
Numerator:                  
  Numerator for basic and diluted earnings per share—income available to common shareholders   $ 344,883   $ 85,787   $ 40,251
   
 
 
Denominator:                  
  Denominator for basic earnings per share—weighted average common shares outstanding     288,957     281,114     273,177
  Effect of dilutive securities:                  
    Employee stock options and stock purchase plan     25,062     23,611     20,232
    Warrants to purchase common stock     712     614     593
   
 
 
    Potential dilutive common shares     25,774     24,225     20,825
   
 
 
  Denominator for diluted earnings per share—weighted average common shares outstanding plus assumed conversions     314,731     305,339     294,002
   
 
 
Basic earnings per share   $ 1.19   $ 0.31   $ 0.15
   
 
 
Diluted earnings per share   $ 1.10   $ 0.28   $ 0.14
   
 
 

        Options to purchase approximately 7.1 million, 7.9 million, and 1.0 million shares of common stock for the years ended March 31, 2008, 2007, and 2006, respectively, were not included in the calculation of diluted earnings per share because their effect would be antidilutive.

F-26


ACTIVISION, INC. AND SUBSIDIARIES

Notes to Consolidated Financial Statements (Continued)

11. Computation of Earnings Per Share



        The following table sets forth the computations of basic and diluted earnings per share (amounts in thousands, except per share data):























































































































































































































 
 For the years ended March 31,
 
 2008
 2007
 2006
Numerator:         
 Numerator for basic and diluted earnings per share—income available to common shareholders $344,883 $85,787 $40,251
  
 
 
Denominator:         
 Denominator for basic earnings per share—weighted average common shares outstanding  288,957  281,114  273,177
 Effect of dilutive securities:         
  Employee stock options and stock purchase plan  25,062  23,611  20,232
  Warrants to purchase common stock  712  614  593
  
 
 
  Potential dilutive common shares  25,774  24,225  20,825
  
 
 
 Denominator for diluted earnings per share—weighted average common shares outstanding plus assumed conversions  314,731  305,339  294,002
  
 
 
Basic earnings per share $1.19 $0.31 $0.15
  
 
 
Diluted earnings per share $1.10 $0.28 $0.14
  
 
 




        Options
to purchase approximately 7.1 million, 7.9 million, and 1.0 million shares of common stock for the years ended March 31, 2008, 2007, and 2006,
respectively, were not included in the calculation of diluted earnings per share because their effect would be antidilutive.



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ACTIVISION, INC. AND SUBSIDIARIES



Notes to Consolidated Financial Statements (Continued)



EXCERPTS ON THIS PAGE:

10-K (2 sections)
May 30, 2008
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