IM » Topics » Earnings Per Share

These excerpts taken from the IM 10-K filed Mar 4, 2009.
Earnings Per Share
 
The Company reports a dual presentation of Basic Earnings Per Share (“Basic EPS”) and Diluted Earnings Per Share (“Diluted EPS”). Basic EPS excludes dilution and is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the reported period. Diluted EPS uses the treasury stock method or the if-converted method, where applicable, to compute the potential dilution that would occur if stock-based awards and other commitments to issue common stock were exercised.
 
The computation of Basic EPS and Diluted EPS is as follows:
 
                         
    Fiscal Year Ended  
    2008     2007     2006  
 
Net income (loss)
  $ (394,921 )   $ 275,908     $ 265,766  
                         
Weighted average shares
    166,542,541       171,640,569       165,414,176  
                         
Basic earnings (loss) per share
  $ (2.37 )   $ 1.61     $ 1.61  
                         
Weighted average shares including the dilutive effect of stock-based awards (5,311,125 and 5,461,618 for 2007 and 2006, respectively)
    166,542,541       176,951,694       170,875,794  
                         
Diluted earnings (loss) per share
  $ (2.37 )   $ 1.56     $ 1.56  
                         
 
There were approximately 12,048,000 outstanding stock-based awards in 2008, all of which were not included in the computation of diluted EPS because of the Company’s net loss for the year. There were approximately 1,399,000 and 1,606,000 outstanding stock-based awards in 2007 and 2006, respectively, which were not included in the computation of Diluted EPS because the exercise price was greater than the average market price of the Class A Common Stock, thereby resulting in an antidilutive effect.
 
Earnings Per Share
 
The Company reports a dual presentation of Basic Earnings Per Share (“Basic EPS”) and Diluted Earnings Per Share (“Diluted EPS”). Basic EPS excludes dilution and is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the reported period. Diluted EPS uses the treasury stock method or the if-converted method, where applicable, to compute the potential dilution that would occur if stock-based awards and other commitments to issue common stock were exercised.
 
The computation of Basic EPS and Diluted EPS is as follows:
 
                         
    Fiscal Year Ended  
    2008     2007     2006  
 
Net income (loss)
  $ (394,921 )   $ 275,908     $ 265,766  
                         
Weighted average shares
    166,542,541       171,640,569       165,414,176  
                         
Basic earnings (loss) per share
  $ (2.37 )   $ 1.61     $ 1.61  
                         
Weighted average shares including the dilutive effect of stock-based awards (5,311,125 and 5,461,618 for 2007 and 2006, respectively)
    166,542,541       176,951,694       170,875,794  
                         
Diluted earnings (loss) per share
  $ (2.37 )   $ 1.56     $ 1.56  
                         
 
There were approximately 12,048,000 outstanding stock-based awards in 2008, all of which were not included in the computation of diluted EPS because of the Company’s net loss for the year. There were approximately 1,399,000 and 1,606,000 outstanding stock-based awards in 2007 and 2006, respectively, which were not included in the computation of Diluted EPS because the exercise price was greater than the average market price of the Class A Common Stock, thereby resulting in an antidilutive effect.
 
Earnings Per Share
 
The Company reports a dual presentation of Basic Earnings Per Share (“Basic EPS”) and Diluted Earnings Per Share (“Diluted EPS”). Basic EPS excludes dilution and is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the reported period. Diluted EPS uses the treasury stock method or the if-converted method, where applicable, to compute the potential dilution that would occur if stock-based awards and other commitments to issue common stock were exercised.
 
The computation of Basic EPS and Diluted EPS is as follows:
 
                         
    Fiscal Year Ended  
    2008     2007     2006  
 
Net income (loss)
  $ (394,921 )   $ 275,908     $ 265,766  
                         
Weighted average shares
    166,542,541       171,640,569       165,414,176  
                         
Basic earnings (loss) per share
  $ (2.37 )   $ 1.61     $ 1.61  
                         
Weighted average shares including the dilutive effect of stock-based awards (5,311,125 and 5,461,618 for 2007 and 2006, respectively)
    166,542,541       176,951,694       170,875,794  
                         
Diluted earnings (loss) per share
  $ (2.37 )   $ 1.56     $ 1.56  
                         
 
There were approximately 12,048,000 outstanding stock-based awards in 2008, all of which were not included in the computation of diluted EPS because of the Company’s net loss for the year. There were approximately 1,399,000 and 1,606,000 outstanding stock-based awards in 2007 and 2006, respectively, which were not included in the computation of Diluted EPS because the exercise price was greater than the average market price of the Class A Common Stock, thereby resulting in an antidilutive effect.
 
Earnings
Per Share



 



The Company reports a dual presentation of Basic Earnings Per
Share (“Basic EPS”) and Diluted Earnings Per Share
(“Diluted EPS”). Basic EPS excludes dilution and is
computed by dividing net income (loss) by the weighted average
number of common shares outstanding during the reported period.
Diluted EPS uses the treasury stock method or the if-converted
method, where applicable, to compute the potential dilution that
would occur if stock-based awards and other commitments to issue
common stock were exercised.


 



The computation of Basic EPS and Diluted EPS is as follows:


 































































































































































































                         

 

 

Fiscal Year Ended

 

 

 

2008

 

 

2007

 

 

2006

 
 


Net income (loss)


 

$

(394,921

)

 

$

275,908

 

 

$

265,766

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Weighted average shares


 

 

166,542,541

 

 

 

171,640,569

 

 

 

165,414,176

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Basic earnings (loss) per share


 

$

(2.37

)

 

$

1.61

 

 

$

1.61

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Weighted average shares including the dilutive effect of
stock-based awards (5,311,125 and 5,461,618 for 2007 and 2006,
respectively)


 

 

166,542,541

 

 

 

176,951,694

 

 

 

170,875,794

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Diluted earnings (loss) per share


 

$

(2.37

)

 

$

1.56

 

 

$

1.56

 

 

 

 

 

 

 

 

 

 

 

 

 

 






 



There were approximately 12,048,000 outstanding stock-based
awards in 2008, all of which were not included in the
computation of diluted EPS because of the Company’s net
loss for the year. There were approximately 1,399,000 and
1,606,000 outstanding stock-based awards in 2007 and 2006,
respectively, which were not included in the computation of
Diluted EPS because the exercise price was greater than the
average market price of the Class A Common Stock, thereby
resulting in an antidilutive effect.


 




Earnings
Per Share



 



The Company reports a dual presentation of Basic Earnings Per
Share (“Basic EPS”) and Diluted Earnings Per Share
(“Diluted EPS”). Basic EPS excludes dilution and is
computed by dividing net income (loss) by the weighted average
number of common shares outstanding during the reported period.
Diluted EPS uses the treasury stock method or the if-converted
method, where applicable, to compute the potential dilution that
would occur if stock-based awards and other commitments to issue
common stock were exercised.


 



The computation of Basic EPS and Diluted EPS is as follows:


 































































































































































































                         

 

 

Fiscal Year Ended

 

 

 

2008

 

 

2007

 

 

2006

 
 


Net income (loss)


 

$

(394,921

)

 

$

275,908

 

 

$

265,766

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Weighted average shares


 

 

166,542,541

 

 

 

171,640,569

 

 

 

165,414,176

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Basic earnings (loss) per share


 

$

(2.37

)

 

$

1.61

 

 

$

1.61

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Weighted average shares including the dilutive effect of
stock-based awards (5,311,125 and 5,461,618 for 2007 and 2006,
respectively)


 

 

166,542,541

 

 

 

176,951,694

 

 

 

170,875,794

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Diluted earnings (loss) per share


 

$

(2.37

)

 

$

1.56

 

 

$

1.56

 

 

 

 

 

 

 

 

 

 

 

 

 

 






 



There were approximately 12,048,000 outstanding stock-based
awards in 2008, all of which were not included in the
computation of diluted EPS because of the Company’s net
loss for the year. There were approximately 1,399,000 and
1,606,000 outstanding stock-based awards in 2007 and 2006,
respectively, which were not included in the computation of
Diluted EPS because the exercise price was greater than the
average market price of the Class A Common Stock, thereby
resulting in an antidilutive effect.


 




Earnings
Per Share



 



The Company reports a dual presentation of Basic Earnings Per
Share (“Basic EPS”) and Diluted Earnings Per Share
(“Diluted EPS”). Basic EPS excludes dilution and is
computed by dividing net income (loss) by the weighted average
number of common shares outstanding during the reported period.
Diluted EPS uses the treasury stock method or the if-converted
method, where applicable, to compute the potential dilution that
would occur if stock-based awards and other commitments to issue
common stock were exercised.


 



The computation of Basic EPS and Diluted EPS is as follows:


 































































































































































































                         

 

 

Fiscal Year Ended

 

 

 

2008

 

 

2007

 

 

2006

 
 


Net income (loss)


 

$

(394,921

)

 

$

275,908

 

 

$

265,766

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Weighted average shares


 

 

166,542,541

 

 

 

171,640,569

 

 

 

165,414,176

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Basic earnings (loss) per share


 

$

(2.37

)

 

$

1.61

 

 

$

1.61

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Weighted average shares including the dilutive effect of
stock-based awards (5,311,125 and 5,461,618 for 2007 and 2006,
respectively)


 

 

166,542,541

 

 

 

176,951,694

 

 

 

170,875,794

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Diluted earnings (loss) per share


 

$

(2.37

)

 

$

1.56

 

 

$

1.56

 

 

 

 

 

 

 

 

 

 

 

 

 

 






 



There were approximately 12,048,000 outstanding stock-based
awards in 2008, all of which were not included in the
computation of diluted EPS because of the Company’s net
loss for the year. There were approximately 1,399,000 and
1,606,000 outstanding stock-based awards in 2007 and 2006,
respectively, which were not included in the computation of
Diluted EPS because the exercise price was greater than the
average market price of the Class A Common Stock, thereby
resulting in an antidilutive effect.


 




These excerpts taken from the IM 10-K filed Feb 27, 2008.
Earnings Per Share
 
The Company reports a dual presentation of Basic Earnings Per Share (“Basic EPS”) and Diluted Earnings Per Share (“Diluted EPS”). Basic EPS excludes dilution and is computed by dividing net income by the weighted average number of common shares outstanding during the reported period. Diluted EPS uses the treasury stock method or the if-converted method, where applicable, to compute the potential dilution that would occur if stock awards and other commitments to issue common stock were exercised.
 
The computation of Basic EPS and Diluted EPS is as follows:
 
                         
    Fiscal Year Ended  
    2007     2006     2005  
 
Net income
  $ 275,908     $ 265,766     $ 216,906  
                         
Weighted average shares
    171,640,569       165,414,176       160,262,465  
                         
Basic earnings per share
  $ 1.61     $ 1.61     $ 1.35  
                         
Weighted average shares including the dilutive effect of stock awards (5,311,125; 5,461,618; and 4,068,701 for 2007, 2006, and 2005, respectively)
    176,951,694       170,875,794       164,331,166  
                         
Diluted earnings per share
  $ 1.56     $ 1.56     $ 1.32  
                         
 
There were approximately 1,399,000, 1,606,000, and 6,983,000 outstanding stock awards in 2007, 2006, and 2005, respectively, which were not included in the computation of Diluted EPS because the exercise price was greater than the average market price of the Class A Common Stock, thereby resulting in an antidilutive effect.
 
Earnings
Per Share



 



The Company reports a dual presentation of Basic Earnings Per
Share (“Basic EPS”) and Diluted Earnings Per Share
(“Diluted EPS”). Basic EPS excludes dilution and is
computed by dividing net income by the weighted average number
of common shares outstanding during the reported period. Diluted
EPS uses the treasury stock method or the if-converted method,
where applicable, to compute the potential dilution that would
occur if stock awards and other commitments to issue common
stock were exercised.


 



The computation of Basic EPS and Diluted EPS is as follows:


 































































































































































































                         

 

 

Fiscal Year Ended

 

 

 

2007

 

 

2006

 

 

2005

 
 


Net income


 

$

275,908

 

 

$

265,766

 

 

$

216,906

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Weighted average shares


 

 

171,640,569

 

 

 

165,414,176

 

 

 

160,262,465

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Basic earnings per share


 

$

1.61

 

 

$

1.61

 

 

$

1.35

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Weighted average shares including the dilutive effect of stock
awards (5,311,125; 5,461,618; and 4,068,701 for 2007, 2006, and
2005, respectively)


 

 

176,951,694

 

 

 

170,875,794

 

 

 

164,331,166

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Diluted earnings per share


 

$

1.56

 

 

$

1.56

 

 

$

1.32

 

 

 

 

 

 

 

 

 

 

 

 

 

 






 



There were approximately 1,399,000, 1,606,000, and 6,983,000
outstanding stock awards in 2007, 2006, and 2005, respectively,
which were not included in the computation of Diluted EPS
because the exercise price was greater than the average market
price of the Class A Common Stock, thereby resulting in an
antidilutive effect.


 




This excerpt taken from the IM 10-K filed Feb 26, 2007.
Earnings Per Share
 
The Company reports a dual presentation of Basic Earnings Per Share (“Basic EPS”) and Diluted Earnings Per Share (“Diluted EPS”). Basic EPS excludes dilution and is computed by dividing net income by the weighted


44


Table of Contents

 
INGRAM MICRO INC.
 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

average number of common shares outstanding during the reported period. Diluted EPS uses the treasury stock method or the if-converted method, where applicable, to compute the potential dilution that would occur if stock awards and other commitments to issue common stock were exercised.
 
The computation of Basic EPS and Diluted EPS is as follows:
 
                         
    Fiscal Year  
    2006     2005     2004  
 
Net income
  $ 265,766     $ 216,906     $ 219,901  
                         
Weighted average shares
    165,414,176       160,262,465       155,451,251  
                         
Basic earnings per share
  $ 1.61     $ 1.35     $ 1.41  
                         
Weighted average shares including the dilutive effect of stock awards (5,461,618; 4,068,701; and 4,228,789 for 2006, 2005, and 2004, respectively)
    170,875,794       164,331,166       159,680,040  
                         
Diluted earnings per share
  $ 1.56     $ 1.32     $ 1.38  
                         
 
There were approximately 1,606,000, 6,983,000, and 12,813,000 outstanding stock awards in 2006, 2005, and 2004, respectively, which were not included in the computation of Diluted EPS because the exercise price was greater than the average market price of the Class A Common Stock, thereby resulting in an antidilutive effect.
 
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