Nucor Corporation Just Filed Its Quarterly Report: 16. Earnings Per Sha...


16. Earnings Per Share


The computations of basic and diluted net earnings per share for the third quarter and first nine months of 2021 and 2020 are as follows (in thousands, except per share amounts):


























































































































































































































































































































 


 


Three Months (13 Weeks) Ended


 


 


Nine Months (39 Weeks) Ended


 


 


 


Oct. 2, 2021


 


 


Oct. 3, 2020


 


 


Oct. 2, 2021


 


 


Oct. 3, 2020


 


Basic net earnings per share:


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


Basic net earnings


 


$


2,127,743


 


 


$


193,415


 


 


$


4,577,043


 


 


$


322,627


 


Earnings allocated to participating securities


 


 


(9,442


)


 


 


(1,201


)


 


 


(22,272


)


 


 


(2,182


)


Net earnings available to common stockholders


 


$


2,118,301


 


 


$


192,214


 


 


$


4,554,771


 


 


$


320,445


 


Basic average shares outstanding


 


 


290,510


 


 


 


303,394


 


 


 


296,431


 


 


 


303,072


 


Basic net earnings per share


 


$


7.29


 


 


$


0.63


 


 


$


15.37


 


 


$


1.06


 


Diluted net earnings per share:


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


Diluted net earnings


 


$


2,127,743


 


 


$


193,415


 


 


$


4,577,043


 


 


$


322,627


 


Earnings allocated to participating securities


 


 


(9,401


)


 


 


(1,202


)


 


 


(22,194


)


 


 


(2,182


)


Net earnings available to common stockholders


 


$


2,118,342


 


 


$


192,213


 


 


$


4,554,849


 


 


$


320,445


 


Diluted average shares outstanding:


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


Basic average shares outstanding


 


 


290,510


 


 


 


303,394


 


 


 


296,431


 


 


 


303,072


 


Dilutive effect of stock options and other


 


 


642


 


 


 


47


 


 


 


497


 


 


 


27


 


 


 


 


291,152


 


 


 


303,441


 


 


 


296,928


 


 


 


303,099


 


Diluted net earnings per share


 


$


7.28


 


 


$


0.63


 


 


$


15.34


 


 


$


1.06


 


 


The following stock options were excluded from the computation of diluted net earnings per share for the third quarter and first nine months of 2021 and 2020 because their effect would have been anti-dilutive (shares in thousands):


 






















































































 


 


Three Months (13 Weeks) Ended


 


 


Nine Months (39 Weeks) Ended


 


 


 


Oct. 2, 2021


 


 


Oct. 3, 2020


 


 


Oct. 2, 2021


 


 


Oct. 3, 2020


 


Anti-dilutive stock options:


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


Weighted-average shares


 


 


52


 


 


 


3,463


 


 


 


119


 


 


 


3,638


 


Weighted-average exercise price


 


$


110.74


 


 


$


51.38


 


 


$


78.91


 


 


$


51.15


 


 

The above information was disclosed in a filing to the SEC. To see the filing, click here.

To receive a free e-mail notification whenever Nucor Corporation makes a similar move, sign up!

Other recent filings from the company include the following:

Nucor Corporation director just picked up 1,262 shares - June 3, 2022
Nucor Corporation's EVP and Special Advisor to CEO just picked up 7,875 shares - June 3, 2022
Nucor Corporation's Executive Vice President just picked up 2,246 shares - June 3, 2022
Nucor Corporation's Executive Vice President just picked up 19,143 shares - June 3, 2022
Nucor Corporation's Vice Pres. and Corp. Contro just picked up 424 shares - June 3, 2022

Auto Refresh

Feedback