AMZN » Topics » Earnings per Share

This excerpt taken from the AMZN 10-K filed Jan 29, 2010.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method.

 

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AMAZON.COM, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

The following table shows the calculation of diluted shares (in millions):

 

     Year Ended December 31,
         2009            2008            2007    

Shares used in computation of basic earnings per share

   433    423    413

Total dilutive effect of outstanding stock awards (1)

   9    9    11
              

Shares used in computation of diluted earnings per share

   442    432    424
              

 

(1) Calculated using the treasury stock method, which assumes proceeds are used to reduce the dilutive effect of outstanding stock awards. Assumed proceeds include the unrecognized deferred compensation of stock awards, and assumed tax proceeds from excess stock-based compensation deductions.
This excerpt taken from the AMZN 10-Q filed Apr 24, 2009.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method.

This excerpt taken from the AMZN 10-K filed Jan 30, 2009.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method.

Our convertible debt instrument is excluded from the calculation of diluted earnings per share as its effect under the if-converted method is anti-dilutive. See “Note 5—Long-Term Debt.”

The following table shows the calculation of diluted shares (in millions):

 

     Year Ended December 31,
         2008            2007            2006    

Shares used in computation of basic earnings per share

   423    413    416

Total dilutive effect of outstanding stock awards (1)

   9    11    8
              

Shares used in computation of diluted earnings per share

   432    424    424
              

 

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AMAZON.COM, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

 

(1) Calculated using the treasury stock method that assumes proceeds available to reduce the dilutive effect of outstanding stock awards, which include the exercise price of stock options, the unrecognized deferred compensation of stock awards, and assumed tax proceeds from excess stock-based compensation deductions.
This excerpt taken from the AMZN 10-Q filed Oct 22, 2008.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method.

 

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Our convertible debt instrument is excluded from the calculation of diluted earnings per share as its effect under the if-converted method is anti-dilutive. See “Note 3 — Long-Term Debt.”

This excerpt taken from the AMZN 10-Q filed Jul 25, 2008.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method.

 

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Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect under the if-converted method is anti-dilutive. See “Note 3 — Long-Term Debt.”

This excerpt taken from the AMZN 10-Q filed Apr 25, 2008.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method.

 

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Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect under the if-converted method is anti-dilutive. See “Note 3 — Long-Term Debt.”

These excerpts taken from the AMZN 10-K filed Feb 11, 2008.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method.

Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect under the if-converted method is antidilutive. See “Note 4—Long-Term Debt.”

 

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AMAZON.COM, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

The following table shows the calculation of diluted shares (in millions):

 

     Year Ended December 31,
         2007            2006            2005    

Shares used in computation of basic earnings per share

   413    416    412

Total dilutive effect of outstanding stock awards (1)

   11    8    14
              

Shares used in computation of diluted earnings per share

   424    424    426
              

 

(1) Calculated using the treasury stock method that assumes proceeds available to reduce the dilutive affect of outstanding stock awards, which include the exercise price of stock options, the unrecognized deferred compensation of stock awards, and assumed tax proceeds from excess stock-based compensation deductions.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated
using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method.

SIZE="2">Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect under the if-converted method is antidilutive. See “Note 4—Long-Term Debt.”

STYLE="margin-top:0px;margin-bottom:0px"> 


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AMAZON.COM, INC.

FACE="Times New Roman" SIZE="2">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 


The following table shows the calculation of diluted shares (in millions):

STYLE="font-size:12px;margin-top:0px;margin-bottom:0px"> 
































































   Year Ended December 31,
       2007          2006          2005    

Shares used in computation of basic earnings per share

  413  416  412

Total dilutive effect of outstanding stock awards (1)

  11  8  14
         

Shares used in computation of diluted earnings per share

  424  424  426
         

 





(1)Calculated using the treasury stock method that assumes proceeds available to reduce the dilutive affect of outstanding stock awards, which include the exercise price of stock
options, the unrecognized deferred compensation of stock awards, and assumed tax proceeds from excess stock-based compensation deductions.

FACE="Times New Roman" SIZE="2">Treasury Stock

We account for treasury stock under the cost method and include treasury stock as a
component of stockholders’ equity.

This excerpt taken from the AMZN 10-Q filed Oct 25, 2007.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as calculated under the treasury stock method.

Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect under the if-converted method is anti-dilutive.

This excerpt taken from the AMZN 8-K filed Oct 23, 2007.

Earnings per Share

 

   

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as calculated under the treasury stock method.

 

   

Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect under the if-converted method is anti-dilutive.

This excerpt taken from the AMZN 10-Q filed Jul 26, 2007.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards.

Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect is antidilutive.

This excerpt taken from the AMZN 10-Q filed Apr 26, 2007.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards.

Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect is antidilutive.

This excerpt taken from the AMZN 10-K filed Feb 16, 2007.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method.

Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect is antidilutive. See “Note 4—Long-Term Debt.”

 

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Table of Contents

AMAZON.COM, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

The following table shows the calculation of diluted shares (in millions):

 

     Year Ended December 31,
         2006            2005            2004    

Shares used in computation of basic earnings per share

   416    412    406

Total dilutive effect of outstanding stock awards (1)

   8    14    19
              

Shares used in computation of diluted earnings per share

   424    426    425
              

(1) Calculated using the treasury stock method that assumes proceeds available to reduce the dilutive affect of outstanding stock awards, which include the exercise price of stock options, the unrecognized deferred compensation of stock awards, and assumed tax proceeds from excess stock-based compensation deductions.
This excerpt taken from the AMZN 10-Q filed Oct 26, 2006.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards. Using the treasury stock method, the effect of stock awards on the weighted average shares used in the computation of earnings per share was 7 million and 15 million shares for Q3 2006 and Q3 2005, and 8 million and 15 million shares for the nine months ended September 30, 2006 and 2005.

Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect is antidilutive.

This excerpt taken from the AMZN 10-Q filed Jul 27, 2006.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards. Using the treasury stock method, the effect of stock awards on the weighted average shares used in the computation of earnings per share was 8 million and 14 million shares for Q2 2006 and Q2 2005, and 9 million and 14 million shares for the six months ended June 30, 2006 and 2005.

Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect is antidilutive.

This excerpt taken from the AMZN 10-Q filed Apr 27, 2006.

Earnings per Share

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards. Using the treasury stock method, the effect of stock awards on the weighted average shares used in the computation of earnings per share was 9 million and 14 million shares for Q1 2006 and Q1 2005.

Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect is antidilutive.

This excerpt taken from the AMZN 10-K filed Feb 17, 2006.

Earnings per Share

 

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method.

 

Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect is antidilutive. See “Note 4—Long-Term Debt and Other.”

 

The following table shows the calculation of diluted shares (in millions):

 

     Year Ended December 31,

 
         2005    

        2004    

        2003    

 

Weighted average shares outstanding

   414     407     396  

Weighted average shares of restricted stock

   (2 )   (1 )   (1 )
    

 

 

Shares used in computation of basic earnings per share

   412     406     395  

Total dilutive effect of outstanding stock awards (1)

   14     19     24  
    

 

 

Shares used in computation of diluted earnings per share

   426     425     419  
    

 

 


(1) Calculated using the treasury stock method that assumes proceeds available to reduce the dilutive affect of outstanding stock awards, which include the exercise price of stock options, the unrecognized deferred compensation of stock awards, and assumed tax proceeds from excess stock-based compensation deductions.

 

This excerpt taken from the AMZN 10-Q filed Oct 27, 2005.

Earnings per Share

 

Basic earnings per share is calculated using our weighted-average outstanding common shares. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards. Using the treasury stock method, the weighted average effect of stock awards on diluted earnings per share was 15 million and 18 million shares for Q3 2005 and Q3 2004 and was 15 million and 19 million shares for the three quarters ended September 30, 2005 and 2004.

 

Our convertible debt instruments are excluded from the calculation of diluted earnings per share as their effect is antidilutive.

 

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