EX-11 4 dex11.htm COMP OF BASIC AND DILUTED EARNINGS PER SHARE Comp of Basic and Diluted Earnings per Share
Exhibit 11
 
TEXAS INSTRUMENTS INCORPORATED AND SUBSIDIARIES
EARNINGS (LOSS) PER COMMON AND DILUTIVE POTENTIAL COMMON SHARE
 
    
For Three Months Ended
     
For Nine Months Ended
  
    
Sept. 30,
2002
   
Sept. 30,
2001
     
Sept. 30,
2002
   
Sept. 30,
2001
  
Net income (loss) in millions
   
$
188
   
$
(117
)
   
$
245
   
$
(85
)
Add: Interest, net of tax effect, on convertible debentures assumed converted
   
 
—  
   
 
—  
 
   
 
—  
   
 
—  
 
    
  
  
  
Adjusted net income (loss) in millions
   
$
188
   
$
(117
)
   
$
245
   
$
(85
)
    
  
  
  
Diluted Earnings (Loss) per Common and Dilutive Potential Common Share:
                                
Weighted average common shares outstanding (in thousands)
   
 
1,732,783
   
 
1,733,511
 
   
 
1,733,946
   
 
1,734,555
 
Weighted average dilutive potential common shares:
                                
Stock option and compensation plans
   
 
29,027
   
 
—  
 
   
 
35,732
   
 
—  
 
Convertible debentures
   
 
—  
   
 
—  
 
   
 
—  
   
 
—  
 
    
  
  
  
Weighted average common and dilutive potential common shares
   
 
1,761,810
   
 
1,733,511
 
   
 
1,769,678
   
 
1,734,555
 
    
  
  
  
Diluted earnings (loss) per common share
   
$
0.11
   
$
(0.07
)
   
$
0.14
   
$
(0.05
)
    
  
  
  
Basic Earnings (Loss) per Common Share:
                                
Weighted average common shares outstanding (in thousands)
   
 
1,732,783
   
 
1,733,511
 
   
 
1,733,946
   
 
1,734,555
 
    
  
  
  
Basic earnings (loss) per common share
   
$
0.11
   
$
(0.07
)
   
$
0.14
   
$
(0.05
)