VZ » Topics » Earnings Per Common Share

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

Earnings Per Common Share

Basic earnings per common share are based on the weighted-average number of shares outstanding during the period. Where appropriate, diluted earnings per common share include the dilutive effect of shares issuable under our stock-based compensation plans.

Dilutive stock options outstanding to purchase shares included in the computation of diluted earnings per common share for the years ended December 31, 2009 were not significant. There were approximately 1 million and 4 million weighted-average dilutive shares, respectively, included in the computation of diluted earnings per common share for the years ended December 31, 2008 and 2007. Outstanding options to purchase shares that 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 112 million, 158 million and 170 million weighted-average shares for the years ended December 31, 2009, 2008 and 2007 respectively.

We are authorized to issue up to 4.25 billion and 250 million shares of common stock and Series Preferred Stock, respectively.

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

Earnings Per Common Share

Basic earnings per common share are based on the weighted-average number of shares outstanding during the period. Diluted earnings per common share include the dilutive effect of shares issuable under our stock-based compensation plans, an exchangeable equity interest and zero-coupon convertible notes (see Note 13). As of December 31, 2006, the exchangeable equity interest and zero-coupon convertible notes were no longer outstanding.

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

Earnings Per Common Share

There were no dilutive stock options outstanding to purchase shares included in the computation of diluted earnings per common share for the three months ended March 31, 2009. There were 2 million weighted-average dilutive shares included in the computation of diluted earnings per common share for the three months ended March 31, 2008. 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 120 million weighted-average shares and 145 million weighted-average shares for the three months ended March 31, 2009 and 2008, respectively.

 

2.

Acquisitions and Dispositions

 

This excerpt taken from the VZ 10-K filed Feb 24, 2009.

Earnings Per Common Share

Basic earnings per common share are based on the weighted-average number of shares outstanding during the period. Diluted earnings per common share include the dilutive effect of shares issuable under our stock-based compensation plans, an exchangeable equity interest and zero-coupon convertible notes (see Note 13). As of December 31, 2006, the exchangeable equity interest and zero-coupon convertible notes were no longer outstanding.

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

Earnings Per Common Share

 

Basic earnings per common share are based on the weighted-average number of shares outstanding during the period. Diluted earnings per common share include the dilutive effect of shares issuable under our stock-based compensation plans, an exchangeable equity interest and zero-coupon convertible notes (see Note 13). As of December 31, 2006, the exchangeable equity interest and zero-coupon convertible notes were no longer outstanding.

 

Earnings Per Common Share

STYLE="margin-top:0px;margin-bottom:-6px"> 

Basic earnings per common share are based on the weighted-average number of
shares outstanding during the period. Diluted earnings per common share include the dilutive effect of shares issuable under our stock-based compensation plans, an exchangeable equity interest and zero-coupon convertible notes (see Note 13). As of
December 31, 2006, the exchangeable equity interest and zero-coupon convertible notes were no longer outstanding.

 

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

 

ALIGN="justify">We consider all highly liquid investments with a maturity of 90 days or less when purchased to be cash equivalents, except cash equivalents held as short-term investments. Cash equivalents are
stated at cost, which approximates market value.

 

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