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Earnings Per Share
9 Months Ended
Sep. 30, 2013
Earnings Per Share

3. Earnings Per Share

The following is a reconciliation from basic earnings per share of Schlumberger to diluted earnings per share of Schlumberger:

 

 

 

 

 

(Stated in millions, except per share amounts)

 

 

Third Quarter 2013

 

 

Third Quarter 2012

 

 

Schlumberger
Income from
Continuing
Operations

 

 

Average
Shares
Outstanding

 

 

Earnings
per Share
from
Continuing
Operations

 

 

Schlumberger
Income from
Continuing
Operations

 

 

Average
Shares
Outstanding

 

 

Earnings
per Share
from
Continuing
Operations

 

Basic             

$

  1,715

 

 

 

  1,322

 

 

$

  1.30

 

 

$

  1,359

 

 

 

  1,328

 

 

$

  1.02

 

Assumed exercise of stock options             

 

 

 

 

  7

 

 

 

 

 

 

 

 

 

 

  5

 

 

 

 

 

Unvested restricted stock             

 

 

 

 

  4

 

 

 

 

 

 

 

 

 

 

  3

 

 

 

 

 

Diluted             

$

  1,715

 

 

 

  1,333

 

 

$

  1.29

 

 

$

  1,359

 

 

 

  1,336

 

 

$

  1.02

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months 2013

 

 

Nine Months 2012

 

 

Schlumberger
Income from
Continuing
Operations

 

 

Average
Shares
Outstanding

 

 

Earnings
per Share
from
Continuing
Operations

 

 

Schlumberger
Income from
Continuing
Operations

 

 

Average
Shares
Outstanding

 

 

Earnings
per Share
from
Continuing
Operations

 

Basic             

$

  5,137

 

 

 

  1,326

 

 

$

  3.87

 

 

$

  3,916

 

 

 

  1,331

 

 

$

  2.94

 

Assumed exercise of stock options             

 

 

 

 

  6

 

 

 

 

 

 

 

 

 

 

  6

 

 

 

 

 

Unvested restricted stock             

 

 

 

 

  4

 

 

 

 

 

 

 

 

 

 

  3

 

 

 

 

 

Diluted             

$

  5,137

 

 

 

  1,336

 

 

$

  3.84

 

 

$

  3,916

 

 

 

  1,340

 

 

$

  2.92

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The number of outstanding options to purchase shares of Schlumberger common stock which were not included in the computation of diluted earnings per share, because to do so would have had an antidilutive effect, was as follows:

 

 

 

(Stated in millions)

 

 

2013

 

  

2012

 

Third Quarter             

 

  13

  

  

 

  21

  

Nine Months             

 

  13

  

  

 

  21