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EARNINGS PER SHARE
 9 Months Ended
Jul. 31, 2016
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

 

 

 

2016

 

2015

 

2016

 

2015

 

Net income attributable to Deere & Company

    

$
488.8

    

$
511.6

    

$
1,238.6

    

$
1,588.8

 

Less income allocable to participating securities

 

 

.3

 

 

.2

 

 

.6

 

 

.6

 

Income allocable to common stock

 

$
488.5

 

$
511.4

 

$
1,238.0

 

$
1,588.2

 

Average shares outstanding

 

 
314.3

 

 
331.4

 

 
315.4

 

 
337.3

 

Basic per share

 

$
1.55

 

$
1.54

 

$
3.93

 

$
4.71

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average shares outstanding

 

 
314.3

 

 
331.4

 

 
315.4

 

 
337.3

 

Effect of dilutive share-based compensation

 

 
1.4

 

 
2.7

 

 
1.3

 

 
2.6

 

Total potential shares outstanding

 

 
315.7

 

 
334.1

 

 
316.7

 

 
339.9

 

Diluted per share

 

$
1.55

 

$
1.53

 

$
3.91

 

$
4.67

 

During the third quarter and first nine months of 2016, 11.9 million shares in both periods were excluded from the computation because the incremental shares under the treasury stock method would have been antidilutive. For both periods of 2015, all stock options outstanding were included in the above per share computation.