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LLY » Topics » Note 11: Earnings (Loss) Per Share

This excerpt taken from the LLY 10-K filed Feb 22, 2010.
Note 11:  Earnings (Loss) Per Share
 
Following is a reconciliation of the denominators used in computing earnings (loss) per share:
 
                         
    2009     2008     2007  
    (Shares in thousands)  
   
 
Income (loss) available to common shareholders
  $ 4,328.8     $ (2,071.9 )   $ 2,953.0  
     
     
Basic earnings (loss) per share
                       
Weighted-average number of common shares outstanding, including incremental shares
    1,098,338       1,094,499       1,090,430  
     
     
Basic earnings (loss) per share
  $ 3.94     $ (1.89 )   $ 2.71  
     
     
Diluted earnings (loss) per share
                       
Weighted-average number of common shares outstanding
    1,094,623       1,092,041       1,088,929  
Stock options and other incremental shares
    3,744       2,458       1,821  
     
     
Weighted-average number of common shares outstanding—diluted
    1,098,367       1,094,499       1,090,750  
     
     
Diluted earnings (loss) per share
  $ 3.94     $ (1.89 )   $ 2.71  
     
     
 
 
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