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EARNINGS PER SHARE
3 Months Ended
Jan. 27, 2019
EARNINGS PER SHARE  
EARNINGS PER SHARE

(7)  Earnings Per Share

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

 

 

 

 

 

 

 

 

 

  

 

Three Months Ended 

 

 

 

January 27

 

January 28 

 

 

 

2019

 

2018

 

Net income (loss) attributable to Deere & Company

    

$

498.5

    

$

(535.1)

 

Less income allocable to participating securities

 

 

.1

 

 

 

 

Income (loss) allocable to common stock

 

$

498.4

 

$

(535.1)

 

Average shares outstanding

 

 

318.5

 

 

322.8

 

Basic per share

 

$

1.56

 

$

(1.66)

 

 

 

 

 

 

 

 

 

Average shares outstanding

 

 

318.5

 

 

322.8

 

Effect of dilutive share-based compensation

 

 

4.2

 

 

 

 

Total potential shares outstanding

 

 

322.7

 

 

322.8

 

Diluted per share

 

$

1.54

 

$

(1.66)

 

During the first quarter of 2019 and 2018, .6 million shares and 5.3 million shares, respectively, were excluded from the computation because the incremental shares would have been antidilutive.