NOC » Topics » Diluted Earnings Per Share

This excerpt taken from the NOC 10-Q filed Apr 22, 2009.
Diluted Earnings Per Share
Diluted earnings per share from continuing operations for the three months ended March 31, 2009, were $1.17 per share, as compared with $.76 per share in the same period in 2008. Earnings per share are based on weighted average diluted shares outstanding of 332.1 million for the three months ended March 31, 2009, and 349.3 million for the same period in 2008. See Note 7 to the condensed consolidated financial statements in Part I, Item 1.
 
This excerpt taken from the NOC 10-Q filed Oct 22, 2008.
Diluted Earnings Per Share
Diluted earnings per share from continuing operations for the three months ended September 30, 2008, were $1.50 per share, as compared with $1.41 per share in the same period in 2007. Earnings per share are based on weighted-average diluted shares outstanding of 340.1 million for the three months ended September 30, 2008, and 352.6 million for the same period in 2007.
 
Diluted earnings per share from continuing operations for the nine months ended September 30, 2008, were $3.65 per share, as compared with $3.86 per share in the same period in 2007. Earnings per share are based on weighted-average diluted shares outstanding of 344.5 million for the nine months ended September 30, 2008, and 355.4 million for the same period in 2007.
 
Diluted earnings per share from continuing operations and the weighted-average diluted shares outstanding include the dilutive effects of the mandatorily redeemable convertible preferred stock. All of the mandatorily redeemable convertible preferred stock was converted to common stock by April 2008.
 
See notes 4 and 7 to the condensed consolidated financial statements in Part I, Item 1.
 
This excerpt taken from the NOC 10-Q filed Jul 29, 2008.
Diluted Earnings Per Share
Diluted earnings per share from continuing operations for the three months ended June 30, 2008, were $1.40 per share, as compared with $1.35 per share in the same period in 2007. Earnings per share are based on weighted-average diluted shares outstanding of 344.1 million for the three months ended June 30, 2008, and 355.3 million for the same period in 2007.
 
Diluted earnings per share from continuing operations for the six months ended June 30, 2008, were $2.15 per share, as compared with $2.46 per share in the same period in 2007. Earnings per share are based on weighted-average diluted shares outstanding of 346.7 million for the six months ended June 30, 2008, and 356.8 million for the same period in 2007.
 
Diluted earnings per share from continuing operations and the weighted-average diluted shares outstanding include the dilutive effects of the mandatorily redeemable convertible preferred stock. A substantial portion of the mandatorily redeemable convertible preferred stock was converted to common stock in the first quarter of 2008, with the remainder converted or redeemed in April 2008.


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NORTHROP GRUMMAN CORPORATION
 
See Notes 4 and 7 to the Condensed Consolidated Financial Statements in Part I, Item 1.
 
This excerpt taken from the NOC 10-Q filed Apr 24, 2008.
Diluted Earnings Per Share
Diluted earnings per share from continuing operations for the three months ended March 31, 2008, were $0.76 per share, as compared with $1.12 per share in the same period in 2007. Earnings per share are based on weighted average diluted shares outstanding of 349.3 million for the three months ended March 31, 2008, and 358.3 million for the same period in 2007. Diluted earnings per share from continuing operations and the weighted average diluted shares outstanding in 2008 include the dilutive effects of the mandatorily redeemable Series B convertible preferred stock. A substantial portion of the mandatorily redeemable Series B convertible preferred stock was converted to common stock in the first quarter of 2008, with the remainder converted or redeemed in April 2008. See Notes 4 and 7 to the Consolidated Condensed Financial Statements in Part I, Item 1.
 
This excerpt taken from the NOC 10-Q filed Oct 24, 2007.
Diluted Earnings Per Share
Diluted earnings per share from continuing operations for the three months ended September 30, 2007, were $1.41, as compared with $.88 per share in the same period in 2006. Earnings per share are based on weighted average diluted shares outstanding of 352.6 million for the three months ended September 30, 2007, and 351.0 million for the same period in 2006. Diluted earnings per share from continuing operations and the weighted average diluted shares outstanding in 2007 include the dilutive effects of the mandatorily redeemable convertible series B preferred stock. See Note 7 to the consolidated condensed financial statements in Part I, Item 1.


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NORTHROP GRUMMAN CORPORATION
 
Diluted earnings per share from continuing operations for the nine months ended September 30, 2007, were $3.84, as compared with $3.17 per share in the same period in 2006. Earnings per share are based on weighted average diluted shares outstanding of 355.4 million for the nine months ended September 30, 2007, and 352.1 million for the same period in 2006. Diluted earnings per share from continuing operations and the weighted average diluted shares outstanding in 2007 include the dilutive effects of the mandatorily redeemable convertible series B preferred stock. See Note 7 to the consolidated condensed financial statements in Part I, Item 1.
 
This excerpt taken from the NOC 10-Q filed Jul 24, 2007.
Diluted Earnings Per Share
Diluted earnings per share from continuing operations for the three months ended June 30, 2007, were $1.31, as compared with $1.26 per share in the same period in 2006. Earnings per share are based on weighted average diluted shares outstanding of 355.3 million for the three months ended June 30, 2007, and 350.1 million for the same period in 2006. See Note 7 to the consolidated condensed financial statements in Part I, Item 1.
 
Diluted earnings per share from continuing operations for the six months ended June 30, 2007, were $2.41, as compared with $2.29 per share in the same period in 2006. Earnings per share are based on weighted average diluted shares outstanding of 356.8 million for the six months ended June 30, 2007, and 351.8 million for the same period in 2006. See Note 7 to the consolidated condensed financial statements in Part I, Item 1.
 
This excerpt taken from the NOC 10-Q filed Apr 24, 2007.
Diluted Earnings Per Share
Diluted earnings per share for the three months ended March 31, 2007, were $1.10, as compared with $1.02 per share in the same period in 2006. Earnings per share are based on weighted average diluted shares outstanding of


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NORTHROP GRUMMAN CORPORATION

358.3 million for the three months ended March 31, 2007, and 350.8 million for the same period in 2006. See Note 7 to the Consolidated Condensed Financial Statements in Part I, Item 1.
 
This excerpt taken from the NOC 10-K filed Feb 21, 2007.
Diluted Earnings per Share
2006 – Diluted earnings per share for 2006 was $4.37 per share, an increase of 14 percent from $3.85 per share in 2005. Earnings per share are based on weighted average diluted shares outstanding of 358.6 million for 2006 and 363.2 million for 2005. For 2006, weighted average diluted shares outstanding used to calculate earnings per share has been adjusted to reflect the dilutive impact of the mandatorily redeemable preferred stock.
 
2005 – Diluted earnings per share for 2005 was $3.85 per share, an increase of 30 percent from $2.97 per share in 2004. Earnings per share are based on weighted average diluted shares outstanding of 363.2 million for 2005 and 365.0 million for 2004.
 
This excerpt taken from the NOC 10-K filed Feb 17, 2006.

Diluted Earnings per Share

2005 – Diluted earnings per share for 2005 was $3.85 per share, an increase of 30 percent from $2.97 per share in 2004. Earnings per share are based on weighted average diluted shares outstanding of 363.2 million for 2005 and 365.0 million for 2004.

 

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NORTHROP GRUMMAN CORPORATION

 

2004 – Diluted earnings per share for 2004 was $2.97 per share, an increase of 28 percent from $2.32 per share in 2003. Earnings per share are based on weighted average diluted shares outstanding of 365.0 million for 2004 and 368.4 million for 2003.

 

This excerpt taken from the NOC 10-K filed Mar 4, 2005.

Diluted Earnings per Share

Diluted earnings per share for 2004 was $2.97 per share, an increase of 28 percent from $2.32 per share in 2003. Earnings per share are based on weighted average diluted shares outstanding of 365.0 million for 2004 and 368.4 million for 2003.

 

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