VZ » Topics » Debt Covenants

This excerpt taken from the VZ 10-K filed Feb 26, 2010.

Debt Covenants

We and our consolidated subsidiaries are in compliance with all of our debt covenants.

This excerpt taken from the VZ 8-K filed Nov 2, 2009.

Debt Covenants

We and our consolidated subsidiaries are in compliance with all of our debt covenants.

This excerpt taken from the VZ 10-Q filed May 11, 2009.

Debt Covenants

As of March 31, 2009, we and our consolidated subsidiaries are in compliance with all of our debt covenants.

 

6.

Stock-Based Compensation

 

These excerpts taken from the VZ 10-K filed Feb 24, 2009.

Debt Covenants

We and our consolidated subsidiaries are in compliance with all of our debt covenants.

Debt Covenants

STYLE="margin-top:6px;margin-bottom:0px">We and our consolidated subsidiaries are in compliance with all of our debt covenants.

FACE="Times New Roman" SIZE="2">Maturities of Long-Term Debt

Maturities of long-term debt outstanding at December 31, 2008 are as follows:

 











































Years  (dollars in million)

2009

  $  3,506

2010

   5,018

2011

   5,647

2012

   4,306

2013

   5,638

Thereafter

   26,350













Note 11








Financial
Instruments

 

This excerpt taken from the VZ 10-Q filed Oct 28, 2008.

Debt Covenants

We and our consolidated subsidiaries are in compliance with all of our debt covenants.

 

11


Table of Contents
7. Earnings Per Share

 

The following table is a reconciliation of the numerators and denominators used in computing earnings per common share:

 

(dollars and shares in millions, except per share amounts)

  

Three Months Ended

September 30,

  

Nine Months Ended

September 30,

   2008    2007    2008    2007

Income Before Discontinued Operations
and Extraordinary Item

   $ 1,669    $ 1,271    $ 5,193    $ 4,438

Weighted-average shares outstanding – basic

     2,844      2,896      2,852      2,902

Effect of dilutive securities – stock options

     1      4      2      4

Weighted-average shares outstanding – diluted

     2,845      2,900      2,854      2,906

Earnings Per Common Share from Income Before
Discontinued Operations and Extraordinary Item

           

Basic

   $ .59    $ .44    $ 1.82    $ 1.53

Diluted

   $ .59    $ .44    $ 1.82    $ 1.53

Certain outstanding options to purchase shares were not included in the computation of diluted earnings per common share because to do so would have been anti-dilutive for the period, including approximately 160 million weighted-average shares and 154 million weighted-average shares for the three and nine months ended September 30, 2008, respectively. For the three and nine months ended September 30, 2007, approximately 125 million weighted-average shares and 174 million weighted-average shares, respectively, were not included in the computation of diluted earnings per common share.

 

8. Stock-Based Compensation

 

This excerpt taken from the VZ 10-Q filed Jul 29, 2008.

Debt Covenants

We and our consolidated subsidiaries are in compliance with all of our debt covenants.

 

7. Earnings Per Share

 

The following table is a reconciliation of the numerators and denominators used in computing earnings per common share:

 

     Three Months Ended June 30,    Six Months Ended June 30,  
(dollars and shares in millions, except per share amounts)    2008    2007    2008    2007  

Income Before Discontinued Operations and Extraordinary Item

   $ 1,882    $ 1,683    $ 3,524    $ 3,167  

Weighted-average shares outstanding – basic

     2,850      2,903      2,856      2,906  

Effect of dilutive securities – stock options

     1      4      2      3  
        

Weighted-average shares outstanding – diluted

     2,851      2,907      2,858      2,909  
        

Earnings Per Common Share from Income Before
Discontinued Operations and Extraordinary Item

           

Basic

   $ .66    $ .58    $ 1.23    $ 1.09  

Diluted

   $ .66    $ .58    $ 1.23    $ 1.09  

Certain outstanding options to purchase shares were not included in the computation of diluted earnings per common share because to do so would have been anti-dilutive for the period, including approximately 154 million weighted-average shares and 144 million weighted-average shares for the three and six months ended June 30, 2008, respectively. For the three and six months ended June 30, 2007, approximately 174 million weighted-average shares and 176 million weighted-average shares, respectively, were not included in the computation of diluted earnings per common share.

 

9


Table of Contents
8. Stock-Based Compensation

 

This excerpt taken from the VZ 10-Q filed Apr 29, 2008.

Debt Covenants

We and our consolidated subsidiaries are in compliance with all of our debt covenants.

 

7.      Earnings Per Share

The following table is a reconciliation of the numerators and denominators used in computing earnings per common share:

 

     Three Months Ended March 31,
(dollars and shares in millions, except per share amounts)    2008    2007

Income Before Discontinued Operations and Extraordinary Item

   $ 1,642    $ 1,484  

Weighted-average shares outstanding – basic

     2,863      2,909  

Effect of dilutive securities – stock options

     2      2  
      

Weighted-average shares outstanding – diluted

     2,865      2,911  
      

Earnings Per Common Share from Income Before Discontinued Operations and Extraordinary Item

       

Basic

   $ .57      .51  

Diluted

   $ .57      .51  

Certain outstanding stock options were not included in the computation of diluted earnings per common share because they were not dilutive, including approximately 145 million weighted-average shares during the first quarter of 2008 and 181 million weighted-average shares during the first quarter of 2007.

 

8.      Stock-Based Compensation

These excerpts taken from the VZ 10-K filed Feb 28, 2008.

Debt Covenants

 

We and our consolidated subsidiaries are in compliance with all of our debt covenants.

 

Debt Covenants

 

STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%; text-indent:-2%">We and our consolidated subsidiaries are in compliance with all of our debt covenants.

STYLE="margin-top:0px;margin-bottom:0px"> 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki