XML 67 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8
Net Income (Loss) Per Share (Tables)
3 Months Ended
Sep. 28, 2013
Earnings Per Share [Abstract]  
Reconciliation Between Net Income (Loss) Per Share - Basic And Diluted
The following is a reconciliation of net income to net income per share – basic and diluted – for the first quarter of 2014 and 2013 (per share amounts are rounded and may not add to total):
Computation of Net Income per Common Share
(In millions, except per share data)
 
 
Quarter ended
 
September 28, 2013
 
September 29, 2012
Amounts attributable to Hillshire Brands
 
 
 
Income from continuing operations
$
29

 
$
49

Income from discontinued operations, net of tax

 
4

Net income
$
29

 
$
53

Average shares outstanding – Basic
123

 
122

Dilutive effect of stock option and award plans
2

 
1

Diluted shares outstanding
125

 
123

Earnings per common share—Basic
 
 
 
Income from continuing operations
$
0.24

 
$
0.40

Income from discontinued operations

 
0.03

Net income
$
0.24

 
$
0.43

Earnings per common share – Diluted
 
 
 
Income from continuing operations
$
0.23

 
$
0.40

Income from discontinued operations

 
0.03

Net income
$
0.23

 
$
0.43