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EARNINGS PER SHARE
 6 Months Ended
Apr. 30, 2015
EARNINGS PER SHARE  
EARNINGS PER SHARE

(6)         A reconciliation of basic and diluted net income per share attributable to Deere & Company follows in millions, except per share amounts:

 

 

 

Three Months Ended
April 30

 

Six Months Ended
April 30

 

 

 

2015

 

2014

 

2015

 

2014

 

Net income attributable to Deere & Company

 

 $

690.5

 

 $

980.7

 

 $

1,077.2

 

 $

1,661.8

 

 

 

 

 

 

 

 

 

 

 

Less income allocable to participating securities

 

.3

 

.4

 

.4

 

.6

 

 

 

 

 

 

 

 

 

 

 

Income allocable to common stock

 

 $

690.2

 

 $

980.3

 

 $

1,076.8

 

 $

1,661.2

 

 

 

 

 

 

 

 

 

 

 

Average shares outstanding

 

337.1

 

366.6

 

340.2

 

369.2

 

 

 

 

 

 

 

 

 

 

 

Basic per share

 

 $

2.05

 

 $

2.67

 

 $

3.17

 

 $

4.50

 

 

 

 

 

 

 

 

 

 

 

Average shares outstanding

 

337.1

 

366.6

 

340.2

 

369.2

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive share-based compensation

 

2.6

 

3.2

 

2.6

 

3.4

 

 

 

 

 

 

 

 

 

 

 

Total potential shares outstanding

 

339.7

 

369.8

 

342.8

 

372.6

 

 

 

 

 

 

 

 

 

 

 

Diluted per share

 

 $

2.03

 

 $

2.65

 

 $

3.14

 

 $

4.46

 

 

During the second quarter and first six months of 2015 and 2014, 3.0 million shares and 2.4 million shares, respectively, in both periods were excluded from the above diluted per share computation because the incremental shares under the treasury stock method would have been antidilutive.