Net Income Per Share of Class A and Class B Common Stock and Class C Capital Stock

The following table sets forth the computation of basic and diluted net income per share of Class A and Class B common stock and Class C capital stock (in millions, except share amounts which are reflected in thousands and per share amounts):



	Three Months Ended
	June 30,
	2013							2014
	(unaudited)
	Class A		Class B			Class C		Class A			Class B			Class C
Basic net income (loss) per share:
Numerator
Allocation of undistributed earnings - continuing operations	$	1,136	$	251		$	1,387	$	1,459		$	286		$	1,745
Allocation of undistributed earnings - discontinued operations	186		41			227		(28		)	(6		)	(34		)
Total	$	1,322	$	292		$	1,614	$	1,431		$	280		$	1,711
Denominator
Number of shares used in per share computation	272,417		60,063			332,480		282,216			55,300			337,599
Basic net income (loss) per share:
Continuing operations	$	4.17	$	4.17		$	4.17	$	5.17		$	5.17		$	5.17
Discontinued operations	0.68		0.68			0.68		(0.10		)	(0.10		)	(0.10		)
Basic net income per share	$	4.85	$	4.85		$	4.85	$	5.07		$	5.07		$	5.07
Diluted net income (loss) per share:
Numerator
Allocation of undistributed earnings for basic computation - continuing operations	$	1,136	$	251		$	1,387	$	1,459		$	286		$	1,745
Reallocation of undistributed earnings as a result of conversion of Class B to Class A shares	251		0			0		286			0			0
Reallocation of undistributed earnings	0		(5		)	0		(3		)	(5		)	3
Allocation of undistributed earnings - continuing operations	$	1,387	$	246		$	1,387	$	1,742		$	281		$	1,748
Allocation of undistributed earnings for basic computation - discontinued operations	$	186	$	41		$	227	$	(28	)	$	(6	)	$	(34	)
Reallocation of undistributed earnings as a result of conversion of Class B to Class A shares	41		0			0		(6		)	0			0
Reallocation of undistributed earnings	0		(1		)	0		0			1			0
Allocation of undistributed earnings - discontinued operations	$	227	$	40		$	227	$	(34	)	$	(5	)	$	(34	)
Denominator
Number of shares used in basic computation	272,417		60,063			332,480		282,216			55,300			337,599
Weighted-average effect of dilutive securities
Add:
Conversion of Class B to Class A common shares outstanding	60,063		0			0		55,300			0			0
Employee stock options, including warrants issued under Transferable Stock Option program	2,664		4			2,664		2,010			0			2,004
Restricted stock units and other contingently issuable shares	3,193		0			3,193		3,104			0			4,130
Number of shares used in per share computation	338,337		60,067			338,337		342,630			55,300			343,733
Diluted net income (loss) per share:
Continuing operations	$	4.10	$	4.10		$	4.10	$	5.09		$	5.09		$	5.09
Discontinued operations	0.67		0.67			0.67		(0.10		)	(0.10		)	(0.10		)
Diluted net income per share	$	4.77	$	4.77		$	4.77	$	4.99		$	4.99		$	4.99



	Six Months Ended
	June 30,
	2013							2014
	(unaudited)
	Class A		Class B			Class C		Class A			Class B			Class C
Basic net income (loss) per share:
Numerator
Allocation of undistributed earnings - continuing operations	$	2,572	$	579		$	3,151	$	2,979		$	590		$	3,571
Allocation of undistributed earnings - discontinued operations	111		25			136		(111		)	(22		)	(133		)
Total	$	2,683	$	604		$	3,287	$	2,868		$	568		$	3,438
Denominator
Number of shares used in per share computation	270,582		60,885			331,467		281,160			55,702			336,989
Basic net income (loss) per share:
Continuing operations	$	9.51	$	9.51		$	9.51	$	10.59		$	10.59		$	10.59
Discontinued operations	0.41		0.41			0.41		(0.39		)	(0.39		)	(0.39		)
Basic net income per share	$	9.92	$	9.92		$	9.92	$	10.20		$	10.20		$	10.20
Diluted net income (loss) per share:
Numerator
Allocation of undistributed earnings for basic computation - continuing operations	$	2,572	$	579		$	3,151	$	2,979		$	590		$	3,571
Reallocation of undistributed earnings as a result of conversion of Class B to Class A shares	579		0			0		590			0			0
Reallocation of undistributed earnings	0		(10		)	0		(2		)	(10		)	2
Allocation of undistributed earnings - continuing operations	$	3,151	$	569		$	3,151	$	3,567		$	580		$	3,573
Allocation of undistributed earnings for basic computation - discontinued operations	$	111	$	25		$	136	$	(111	)	$	(22	)	$	(133	)
Reallocation of undistributed earnings as a result of conversion of Class B to Class A shares	25		0			0		(22		)	0			0
Reallocation of undistributed earnings	0		(1		)	0		0			0			0
Allocation of undistributed earnings - discontinued operations	$	136	$	24		$	136	$	(133	)	$	(22	)	$	(133	)
Denominator
Number of shares used in basic computation	270,582		60,885			331,467		281,160			55,702			336,989
Weighted-average effect of dilutive securities
Add:
Conversion of Class B to Class A common shares outstanding	60,885		0			0		55,702			0			0
Employee stock options, including warrants issued under Transferable Stock Option program	2,896		8			2,896		2,216			0			2,210
Restricted stock units and other contingently issuable shares	3,137		0			3,137		3,499			0			4,012
Number of shares used in per share computation	337,500		60,893			337,500		342,577			55,702			343,211
Diluted net income (loss) per share:
Continuing operations	$	9.34	$	9.34		$	9.34	$	10.41		$	10.41		$	10.41
Discontinued operations	0.40		0.40			0.40		(0.39		)	(0.39		)	(0.39		)
Diluted net income per share	$	9.74	$	9.74		$	9.74	$	10.02		$	10.02		$	10.02

The number of shares and per share amounts for the prior period presented have been retroactively restated to reflect the Stock Split.

The net income per share amounts are the same for Class A and Class B common stock and Class C capital stock because the holders of each class are legally entitled to equal per share distributions whether through dividends or in liquidation.