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Earnings (Loss) Per Share
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share

3.   Earnings (Loss) Per Share

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

 

(Stated in millions, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

 

2018

 

 

Schlumberger

Net Income (Loss)

 

 

Average

Shares

Outstanding

 

 

Loss per

Share

 

 

Schlumberger

Net Income (Loss)

 

 

Average

Shares

Outstanding

 

 

Earnings per

Share

 

Third Quarter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

(11,383

)

 

 

1,385

 

 

$

(8.22

)

 

$

644

 

 

 

1,385

 

 

$

0.46

 

Assumed exercise of stock options

 

-

 

 

 

-

 

 

 

 

 

 

 

-

 

 

 

-

 

 

 

 

 

Unvested restricted stock

 

-

 

 

 

-

 

 

 

 

 

 

 

-

 

 

 

7

 

 

 

 

 

Diluted

$

(11,383

)

 

 

1,385

 

 

$

(8.22

)

 

$

644

 

 

 

1,392

 

 

$

0.46

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

 

2018

 

 

Schlumberger

Net Income (Loss)

 

 

Average

Shares

Outstanding

 

 

Loss per

Share

 

 

Schlumberger

Net Income (Loss)

 

 

Average

Shares

Outstanding

 

 

Earnings per

Share

 

Nine Months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

(10,470

)

 

$

1,385

 

 

$

(7.56

)

 

$

1,599

 

 

$

1,385

 

 

$

1.15

 

Assumed exercise of stock options

 

-

 

 

 

-

 

 

 

 

 

 

 

-

 

 

 

1

 

 

 

 

 

Unvested restricted stock

 

-

 

 

 

-

 

 

 

 

 

 

 

-

 

 

 

7

 

 

 

 

 

Diluted

$

(10,470

)

 

$

1,385

 

 

$

(7.56

)

 

$

1,599

 

 

$

1,393

 

 

$

1.15

 

 

The number of outstanding options to purchase shares of Schlumberger common stock that 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)

 

 

 

 

 

 

 

 

2019

 

 

2018

 

Third Quarter

 

47

 

 

 

40

 

Nine Months

 

47

 

 

 

40