PerkinElmer Just Filed Its Quarterly Report: Earnings Per ShareBa...


Earnings Per Share

Basic earnings per share was computed by dividing net income by the weighted-average number of common shares outstanding during the period less restricted unvested shares. Diluted earnings per share was computed by dividing net income by the weighted-average number of common shares outstanding plus all potentially dilutive common stock equivalents, primarily shares issuable upon the exercise of stock options using the treasury stock method. The following table reconciles the number of shares utilized in the earnings per share calculations:
 
Three Months Ended
 
Six Months Ended
 
June 29,
2014
 
June 30,
2013
 
June 29,
2014
 
June 30,
2013
 
(In thousands)
Number of common shares—basic
112,788

 
111,575

 
112,671

 
112,515

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options
970

 
913

 
1,010

 
981

Restricted stock awards
213

 
230

 
193

 
221

Number of common shares—diluted
113,971

 
112,718

 
113,874

 
113,717

Number of potentially dilutive securities excluded from calculation due to antidilutive impact
499

 
535

 
479

 
507


Antidilutive securities include outstanding stock options with exercise prices and average unrecognized compensation cost in excess of the average fair market value of common stock for the related period. Antidilutive options were excluded from the calculation of diluted net income per share and could become dilutive in the future.

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

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Other recent filings from the company include the following:

Perkinelmer Enters Into Definitive Agreement To Acquire - Nov. 28, 2014

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