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EARNINGS PER SHARE
 9 Months Ended
Jul. 31, 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 

 

Nine Months Ended

 

 

 

July 31

 

July 31

 

 

 

2015

 

2014

 

2015

 

2014

 

Net income attributable to Deere & Company

    

$
511.6

    

$
850.7

    

$
1,588.8

    

$
2,512.5

 

Less income allocable to participating securities

 

 

.2

 

 

.3

 

 

.6

 

 

.8

 

Income allocable to common stock

 

$
511.4

 

$
850.4

 

$
1,588.2

 

$
2,511.7

 

Average shares outstanding

 

 
331.4

 

 
361.9

 

 
337.3

 

 
366.8

 

Basic per share

 

$
1.54

 

$
2.35

 

$
4.71

 

$
6.85

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average shares outstanding

 

 
331.4

 

 
361.9

 

 
337.3

 

 
366.8

 

Effect of dilutive share-based compensation

 

 
2.7

 

 
3.2

 

 
2.6

 

 
3.3

 

Total potential shares outstanding

 

 
334.1

 

 
365.1

 

 
339.9

 

 
370.1

 

Diluted per share

 

$
1.53

 

$
2.33

 

$
4.67

 

$
6.79

 

 

All stock options outstanding were included in the above per share computation for both periods in 2015.  During the third quarter and first nine months of 2014, 2.4 million shares in both periods were excluded from the computation because the incremental shares under the treasury stock method would have been antidilutive.