PTV » Topics » Earnings Per Share

This excerpt taken from the PTV 10-Q filed May 8, 2009.
Earnings Per Share
 
Earnings from continuing operations per share of common stock outstanding were computed as follows:
 
                 
    Three months ended March 31,  
(In millions, except share and per share data)   2009     2008  
 
Basic earnings per share
               
Income from continuing operations
  $ 91     $ 35  
                 
Weighted-average number of shares of
common stock outstanding
    131,708,127       130,593,232  
                 
Basic earnings from continuing
operations per share
  $ 0.69     $ 0.26  
                 
Diluted earnings per share
               
Income from continuing operations
  $ 91     $ 35  
                 
Weighted-average number of
shares of common stock outstanding
    131,708,127       130,593,232  
Effect of dilutive securities
               
Stock options
    136,296       808,961  
Performance shares
    639,671       702,443  
Restricted shares
    1,440       2,397  
                 
Weighted-average number of shares of
common stock outstanding, including
dilutive securities
    132,485,534       132,107,033  
                 
Diluted earnings from continuing
operations per share
  $ 0.69     $ 0.26  
                 
 
We did not repurchase stock in the first quarter of 2009. In the same period of 2008, we acquired 75,218 shares of our common stock at an average price of $26.38 per share, for a total of $2 million.
 
These excerpts taken from the PTV 10-K filed Feb 27, 2009.
Earnings Per Share
 
Basic earnings per share is computed by dividing income available to common shareholders by the weighted-average number of shares outstanding. Diluted earnings per share is calculated in the same manner; however, adjustments are made to reflect the potential issuance of dilutive shares.
 
Earnings
Per Share



 



Basic earnings per share is computed by dividing income
available to common shareholders by the weighted-average number
of shares outstanding. Diluted earnings per share is calculated
in the same manner; however, adjustments are made to reflect the
potential issuance of dilutive shares.


 




This excerpt taken from the PTV 10-Q filed May 6, 2008.
Earnings Per Share
 
Earnings from continuing operations per share of common stock outstanding were computed as follows:
 
                 
    Three months ended March 31,  
(In millions, except share and per-share data)   2008     2007  
 
Basic earnings per share
               
Income from continuing operations
  $ 35     $ 57  
                 
Weighted-average number of shares of common stock outstanding
    130,593,232       131,706,830  
                 
Basic earnings from continuing operations per share
  $ 0.26     $ 0.43  
                 
Diluted earnings per share
               
Income from continuing operations
  $ 35     $ 57  
                 
Weighted-average number of shares of common stock outstanding
    130,593,232       131,706,830  
Effect of dilutive securities
               
Stock options
    808,961       1,396,113  
Performance shares
    702,443       433,113  
Restricted shares
    2,397       2,721  
                 
Weighted-average number of shares of common stock outstanding, including dilutive securities
    132,107,033       133,538,777  
                 
Diluted earnings from continuing operations per share
  $ 0.26     $ 0.43  
                 
 
In the first quarter of 2008, we acquired 75,218 shares of our common stock at an average price of $26.38 per share, representing a total outlay of $1,984,298. In the same period of 2007, we acquired 3,076,700 shares of our common stock at an average price of $32.65 per share, for a total outlay of $100 million.
 
These excerpts taken from the PTV 10-K filed Feb 29, 2008.
Earnings Per Share
 
Basic earnings per share is computed by dividing income available to common shareholders by the weighted-average number of shares outstanding. Diluted earnings per share is calculated in the same manner; however, adjustments are made to reflect the potential issuance of dilutive shares.
 
Earnings
Per Share



 



Basic earnings per share is computed by dividing income
available to common shareholders by the weighted-average number
of shares outstanding. Diluted earnings per share is calculated
in the same manner; however, adjustments are made to reflect the
potential issuance of dilutive shares.


 




This excerpt taken from the PTV 10-Q filed May 9, 2007.
Earnings Per Share
 
Earnings per share of common stock outstanding was computed as follows:
 
                 
    Three months ended March 31,  
(In millions, except share and per-share data)   2007     2006  
 
Basic earnings per share
               
Net income
  $ 57     $ 51  
                 
Weighted-average number of shares of common stock outstanding
    131,706,830       142,097,788  
                 
Basic earnings per share
  $ 0.43     $ 0.36  
                 
Diluted earnings per share
               
Net income
  $ 57     $ 51  
                 
Weighted-average number of shares of common stock outstanding
    131,706,830       142,097,788  
Effect of dilutive securities
               
Stock options
    1,396,113       1,356,005  
Performance shares
    433,113       279,903  
Restricted shares
    2,721        
                 
Weighted-average number of shares of common stock outstanding, including dilutive securities
    133,538,777       143,733,696  
                 
Diluted earnings per share
  $ 0.43     $ 0.35  
                 
 
In the first quarter of 2007, we acquired 3,076,700 shares of our common stock at an average price of $32.65 per share, representing a total outlay of $100 million. In the first quarter of 2006, we acquired 2,001,900 shares of our common stock at an average price of $23.08 per share, for a total outlay of $46 million.
 
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