XML 71 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Reconciliation of basic and diluted earnings per share
The following table reconciles basic and diluted earnings per share of common stock:

 
 
Three Months Ended June 30
 
Six Months Ended June 30
Reconciliation of Basic and Diluted Earnings per Share of Common Stock
 
2013
 
2012
 
2013
 
2012
 
 
(In millions, except per share amounts)
 
 
 
 
 
 
 
Weighted average number of basic shares outstanding
 
418

 
417

 
418

 
418

Assumed exercise of dilutive stock options and awards(1)
 
—

 
2

 
1

 
1

Weighted average number of diluted shares outstanding
 
418

 
419

 
419

 
419

 
 
 
 
 
 
 
 
 
Earnings (Losses) Available to FirstEnergy Corp.
 
$
(164
)
 
$
187

 
$
32

 
$
493

 
 
 
 
 
 
 
 
 
Basic earnings (losses) per share of common stock
 
$
(0.39
)
 
$
0.45

 
$
0.08

 
$
1.18

Diluted earnings (losses) per share of common stock
 
$
(0.39
)
 
$
0.45

 
$
0.08

 
$
1.18


(1) 
For the three months ended June 30, 2013, 1 million shares were excluded from the calculation of diluted shares outstanding, as a net loss was incurred and the inclusion of any other potential shares outstanding would be antidilutive. The number of potentially dilutive securities not included in the calculation of diluted shares outstanding due to their antidilutive effect were not significant for the three months ended June 30, 2012 and six months ended June 30, 2013 and 2012.