BSX » Topics » Note D - Earnings per Share

This excerpt taken from the BSX 10-Q filed May 9, 2005.

Note D - Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share:





Three Months Ended
March 31,

in millions, except per share data 2005   2004  

    Net income     $ 358   $ 194  
    Weighted average shares outstanding       835.9     831.2  
    Net income per common share     $ 0.43   $ 0.23  

Assuming dilution    
    Net income     $ 358   $ 194  
    Weighted average shares outstanding       835.9     831.2  
    Net effect of common stock equivalents       14.3     24.0  

    Total       850.2     855.2  
    Net income per common share     $ 0.42   $ 0.23  

Potential common shares of 11 million were excluded from the computation of earnings per share, assuming dilution, for the first quarter of 2005 because the exercise prices of these potential common shares were greater than the average market price of the Company’s common shares during the quarter.

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