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Earnings Per Share
12 Months Ended
Mar. 29, 2013
Earnings Per Share [Abstract]  
Earnings Per Share

Note 13.  Earnings Per Share

 

Basic and diluted earnings per share are computed on the basis of the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share also include the incremental effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include the dilutive effect of shares underlying outstanding stock options, restricted stock, warrants, and convertible senior notes.

 

The components of earnings per share attributable to Symantec Corporation stockholders are as follows:

 

 

 

 

 

 

 

 

Year Ended

 

March 29, 2013

 

March 30, 2012

 

April 1, 2011

 

(In millions, except per share data)

Net income

$                  765

 

$               1,172

 

$                  597

Net income per share —basic

$                 1.09

 

$                 1.58

 

$                 0.77

Net income per share —diluted

$                 1.08

 

$                 1.57

 

$                 0.76

Weighted average outstanding common shares —basic

701 

 

741 

 

778 

Dilutive potential shares issuable from assumed exercise of stock options

 

 

Dilutive potential shares related to stock award plans

 

 

Dilutive potential shares related to convertible senior notes  (1)

 

 

Weighted average shares outstanding —diluted

711 

 

748 

 

786 

Anti-dilutive weighted-average stock options

20 

 

32 

 

47 

Anti-dilutive weighted-average restricted stock

 

 

Anti-dilutive effect of note hedge (1)

 

 

____________

 

(1)

See Note 6 for information regarding the effects of the convertible senior notes, and the warrants issued and the option purchased in connection with the convertible senior notes.