XML 60 R61.htm IDEA: XBRL DOCUMENT v2.3.0.15
L-3 Holdings' Earnings Per Common Share (Details) (USD $)
Share data in Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 24, 2010
Sep. 24, 2010
Sep. 30, 2011
Reconciliation of net income:    
Net income$ 238,000,000$ 241,000,000$ 694,000,000$ 691,000,000
Net income attributable to noncontrolling interests(3,000,000)(3,000,000)(7,000,000)(9,000,000)
Net income allocable to participating securities (1,000,000)(4,000,000)(2,000,000)
Net income allocable to L-3 Holdings' common shareholders235,000,000237,000,000683,000,000680,000,000
Basic:    
Weighted average common shares outstanding103.5114.0115.1106.0
Basic earnings per share:    
Net income$ 2.27$ 2.08$ 5.93$ 6.42
Common and potential common shares:    
Weighted average common shares outstanding103.5114.0115.1106.0
Assumed purchase of common shares for treasury(2.7)(3.4)(3.9)(3.1)
Assumed conversion of the CODES    
Common and potential common shares104.8114.7116.0107.2
Diluted earning per share:    
Net income$ 2.24$ 2.07$ 5.89$ 6.34
L-3 Holdings' Earnings Per Share (Textuals)    
Conversion price of L-3 Holdings' CODES$ 97.79  $ 97.79
Shares excluded from computation of diluted earnings per share3.33.32.73.1
Assumed exercise of stock options [Member]
    
Common and potential common shares:    
Common and potential common shares1.52.13.02.3
Unvested restricted stock awards [Member]
    
Common and potential common shares:    
Common and potential common shares2.11.41.31.8
Employee stock purchase plan contributions [Member]
    
Common and potential common shares:    
Common and potential common shares0.40.60.50.1
Performance unit awards [Member]
    
Common and potential common shares:    
Common and potential common shares   0.1