The table below represents the computation of UAL’s basic and diluted earnings per share amounts and the number of securities that have been excluded from the computation of diluted earnings per share amounts because they were antidilutive (in millions, except per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
Basic earnings per share:
Net income	$	789	$	469	$	180	$	52
Less: Income allocable to participating securities		(1)		(1)		(1)		—

Earnings available to common stockholders	$	788	$	468	$	179	$	52

Basic weighted-average shares outstanding		373		341		371		337

Earnings per share, basic	$	2.11	$	1.37	$	0.48	$	0.15

Diluted earnings per share:
Earnings available to common stockholders	$	788	$	468	$	179	$	52
Effect of convertible notes		6		11		6		—

Earnings available to common stockholders including the effect of dilutive securities	$	794	$	479	$	185	$	52

Diluted shares outstanding:
Basic weighted-average shares outstanding		373		341		371		337
Effect of convertible notes		22		53		21		—
Effect of employee stock options		1		—		—		—

Diluted weighted-average shares outstanding		396		394		392		337

Earnings per share, diluted	$	2.01	$	1.21	$	0.47	$	0.15

Potentially dilutive shares excluded from diluted per share amounts:
Restricted stock and stock options		1		3		2		3
Convertible notes		—		—		4		57