XML 42 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share
 9 Months Ended
Sep. 30, 2014
Earnings Per Share  
Earnings Per Share

NOTE 2. EARNINGS PER SHARE

 

A reconciliation of the numerators and denominators of basic earnings per share and diluted earnings for the three and nine months ended September 30, 2014 and 2013, is shown in the table below:

 Three months ended Nine months ended
 September 30, September 30,
 2014 2013 2014 2013
Numerators           
Numerator for basic earnings per share:           
Net Income$3,059 $3,905 $10,414 $11,558
Less: Net income attributable to noncontrolling interest (57)  (91)  (213)  (222)
Net Income attributable to AT&T 3,002  3,814  10,201  11,336
Dilutive potential common shares:           
Share-based payment 3  3  10  9
Numerator for diluted earnings per share$3,005 $3,817 $10,211 $11,345
Denominators (000,000)           
Denominator for basic earnings per share:           
Weighted average number of common shares outstanding 5,198  5,315  5,208  5,402
Dilutive potential common shares:           
Share-based payment (in shares) 16  16  16  17
Denominator for diluted earnings per share 5,214  5,331  5,224  5,419
Basic earnings per share attributable to AT&T$0.58 $0.72 $1.96 $2.10
Diluted earnings per share attributable to AT&T$0.58 $0.72 $1.95 $2.09

At September 30, 2014 and 2013, we had issued and outstanding options to purchase approximately 11 million and 12 million shares of AT&T common stock. For the quarter ended September 30, 2014 and 2013, the exercise prices of 3 million shares were above the market price of AT&T stock for the respective periods. Accordingly, we did not include these amounts in determining the dilutive potential common shares.