Earnings Per Share

9 Months Ended

Sep. 30, 2015

NOTE 2. EARNINGS PER SHARE

A reconciliation of the numerators and denominators of basic and diluted earnings per share for the three and nine months ended September 30, 2015 and 2014, is shown in the table below:

	Three months ended				Nine months ended
	September 30,				September 30,
	2015		2014		2015		2014
Numerators
Numerator for basic earnings per share:
Net Income	$	3,078	$	3,187	$	9,601	$	10,654
Less: Net income attributable to noncontrolling interest		(84)		(57)		(262)		(213)
Net Income attributable to AT&T		2,994		3,130		9,339		10,441
Dilutive potential common shares:
Share-based payment		3		2		9		9
Numerator for diluted earnings per share	$	2,997	$	3,132	$	9,348	$	10,450
Denominators (000,000)
Denominator for basic earnings per share:
Weighted average number of common shares outstanding		5,924		5,198		5,447		5,208
Dilutive potential common shares:
Share-based payment (in shares)		19		16		16		16
Denominator for diluted earnings per share		5,943		5,214		5,463		5,224
Basic earnings per share attributable to AT&T	$	0.50	$	0.60	$	1.71	$	2.00
Diluted earnings per share attributable to AT&T	$	0.50	$	0.60	$	1.71	$	2.00