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Earnings Per Share - CMS Energy (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share - CMS Energy [Abstract]  
Basic And Diluted EPS Computations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions, Except Per Share Amounts  

Years Ended December 31

2012 
2011 
2010 

 

Income available to common stockholders

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

377 

 

$

415 

 

$

366 

 

Less income attributable to noncontrolling interests

 

 

 

 

 

 

 

Less charge for deferred issuance costs on preferred stock

 

 

 -

 

 

 -

 

 

 

Less preferred stock dividends

 

 

 -

 

 

 -

 

 

 

Income from continuing operations available to
   common stockholders – basic and diluted

 

$

375 

 

$

413 

 

$

347 

 

Average common shares outstanding

 

 

 

 

 

 

 

 

 

 

Weighted-average shares – basic

 

 

260.7 

 

 

250.8 

 

 

231.5 

 

Add dilutive contingently convertible securities

 

 

6.8 

 

 

12.2 

 

 

21.3 

 

Add dilutive non-vested stock awards and options

 

 

1.1 

 

 

0.4 

 

 

0.1 

 

Weighted-average shares – diluted

 

 

268.6 

 

 

263.4 

 

 

252.9 

 

Income from continuing operations per average

 

 

 

 

 

 

 

 

 

 

common share available to common stockholders

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.43 

 

$

1.65 

 

$

1.50 

 

Diluted

 

 

1.39 

 

 

1.57 

 

 

1.36 

 

 

Schedule Of Potential Impacts On The Calculation Of Diluted EPS Using The If-Converted Method

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In Millions  

Years Ended December 31

2012 
2011 
2010 

 

Increase to numerator from assumed reduction in interest expense

 

$

 -

 

$

 

$

 

Increase to denominator from assumed conversion of debentures
   into common shares

 

 

0.1 

 

 

0.7 

 

 

0.7