NOTE 11 - EARNINGS PER SHARE for Dell (DELL)

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DELL » Topics » NOTE 11 - EARNINGS PER SHARE

This excerpt taken from the DELL 10-K filed Mar 18, 2010.

NOTE 11 — EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share for each of the past three fiscal years:


	Fiscal Year Ended
	January 29,		January 30,		February 1,
	2010		2009		2008
	(in millions, except per share amounts)
Numerator:
Net income	$	1,433	$	2,478	$	2,947

Denominator:
Weighted-average shares outstanding:
Basic		1,954		1,980		2,223
Effect of dilutive options, restricted stock units, restricted stock, and other		8		6		24

Diluted		1,962		1,986		2,247

Earnings per common share:
Basic	$	0.73	$	1.25	$	1.33
Diluted^(a)	$	0.73	$	1.25	$	1.31


(a)		220 million, 252 million, and 230 million shares in stock based incentive awards have been excluded from the calculation of diluted earnings per share for Fiscal 2010, 2009 and 2008, respectively, as these awards are antidilutive.

DELL INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

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DELL » Topics » NOTE 11 - EARNINGS PER SHARE

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