EX-99.2 3 form8k041609c.htm EXHIBIT 99.2 FILED APRIL 16, 2009 form8k041609c.htm
EXHIBIT 99.2
 
THE BLACK & DECKER CORPORATION AND SUBSIDIARIES
SUPPLEMENTAL INFORMATION ABOUT BASIC AND DILUTED EARNINGS PER SHARE (Unaudited)
 
   
Year Ended December 31,
 
(Amounts in Millions Except Per Share Data)
 
2008
   
2007
   
2006
 
Numerator:
                 
Net earnings
   $ 293.6      $ 518.1      $ 486.1  
Dividends on stock-based plans
    (1.5 )     (1.3 )     (1.0 )
Undistributed earnings allocable to stock-based plans
    (3.0 )     (5.1 )     (3.7 )
Numerator for basic and diluted earnings per share
net earnings available to common stockholders
   $ 289.1      $ 511.7      $ 481.4  
                         
Denominator:
                       
Denominator for basic earnings per share weighted-
average shares
    59.8       64.3       72.1  
Employee stock options
    .8       1.4       1.8  
Denominator for diluted earnings per share  adjusted
weighted-average shares and assumed conversions
    60.6       65.7       73.9  
Basic earnings per share
   $ 4.83      $ 7.96      $ 6.67  
Diluted earnings per share
   $ 4.77      $ 7.78      $ 6.51  
 
 
   
Quarter Ended
 
(Amounts in Millions Except Per Share Data)
 
March 30,
2008
   
June 29,
2008
   
September 28,
2008
   
December 31,
2008
 
Numerator:
                       
Net earnings
   $ 67.4      $ 96.7      $ 85.8      $ 43.7  
Dividends on stock-based plans
    (.3 )     (.4 )     (.4 )     (.4 )
Undistributed earnings allocable to stock-based plans
    (.5 )     (1.2 )     (1.0 )     (.3 )
Numerator for basic and diluted earnings per share
net earnings available to common stockholders
   $ 66.6      $ 95.1      $ 84.4      $ 43.0  
                                 
Denominator:
                               
Denominator for basic earnings per share  weighted-
average shares
    60.5       60.1       59.2       59.3  
Employee stock options
    .9       1.0       .9       .4  
Denominator for diluted earnings per share  adjusted
weighted-average shares and assumed conversions
    61.4       61.1       60.1       59.7  
Basic earnings per share
   $ 1.10      $ 1.58      $ 1.43      $ .72  
Diluted earnings per share
   $ 1.08      $ 1.56      $ 1.41      $ .72  
 
 
   
Quarter Ended
 
   
April 1,
   
July 1,
   
September 30,
   
December 31,
 
(Amounts in Millions Except Per Share Data)
 
2007
   
2007
   
2007
   
2007
 
Numerator:
                       
Net earnings
   $ 108.1      $ 118.0      $ 104.6      $ 187.4  
Dividends on stock-based plans
    (.3 )     (.4 )     (.3 )     (.3 )
Undistributed earnings allocable to stock-based plans
    (.9 )     (1.1 )     (1.0 )     (2.1 )
Numerator for basic and diluted earnings per share
net earnings available to common stockholders
   $ 106.9      $ 116.5      $ 103.3      $ 185.0  
                                 
Denominator:
                               
Denominator for basic earnings per share  weighted-
average shares
    65.1       65.6       64.2       62.1  
Employee stock options
    1.7       1.6       1.4       1.3  
Denominator for diluted earnings per share  adjusted
weighted-average shares and assumed conversions
    66.8       67.2       65.6       63.4  
Basic earnings per share
   $ 1.64      $ 1.78      $ 1.61      $ 2.98  
Diluted earnings per share
   $ 1.60      $ 1.73      $ 1.58      $ 2.92