NXP Semiconductors N.V. Just Filed Its Quarterly Report: The computation of e...

The computation of earnings per share (EPS) is presented in the following table:
For the three months ended
April 4, 2021March 29, 2020
Net income (loss)364 (13)
Less: net income (loss) attributable to non-controlling interests11 
Net income (loss) attributable to stockholders353 (21)
Weighted average number of shares outstanding (after deduction of treasury shares) during the year (in thousands)277,526 279,933 
Plus incremental shares from assumed conversion of:
Options 1)
416 — 
Restricted Share Units, Performance Share Units and Equity Rights 2)
5,321 — 
Warrants 3)
 — 
Dilutive potential common shares5,737 — 
Adjusted weighted average number of shares outstanding (after deduction of treasury shares) during the year (in thousands)283,263 279,933 
EPS attributable to stockholders in $:
Basic net income (loss)1.27 (0.08)
Diluted net income (loss)1.25 (0.08)
1)    There were no stock options to purchase shares of NXP’s common stock that were outstanding in Q1 2021 (Q1 2020: 1.1 million shares) that were anti-dilutive and were not included in the computation of diluted EPS because the exercise price was greater than the average fair market value of the common stock or the number of shares assumed to be repurchased using the proceeds of unrecognized compensation expense and exercise prices was greater than the weighted average number of shares underlying outstanding stock options.

2)    There were no unvested RSUs, PSUs and equity rights that were outstanding in Q1 2021 (Q1 2020: 7.9 million shares) that were anti-dilutive and were not included in the computation of diluted EPS because the number of shares assumed to be repurchased using the proceeds of unrecognized compensation expense was greater than the weighted average number of outstanding unvested RSUs, PSUs and equity rights or the performance goal has not been met yet.

3)    Warrants to purchase up to 7.6 million shares of NXP's common stock at a price of $130.46 per share were outstanding in Q1 2020, no warrants were outstanding at the end of Q1 2021. At the end of Q1 2020, the warrants were not included in the computation of diluted EPS because the warrants exercise price was greater than the average fair market value of the common shares.

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

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Other recent filings from the company include the following:

Initial statement of beneficial ownership of securities - June 1, 2021
Initial statement of beneficial ownership of securities - June 1, 2021
Specialized disclosure report - May 28, 2021
Statement of changes in beneficial ownership of securities - May 27, 2021
Current report, items 5.07, 8.01, and 9.01 - May 27, 2021

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