EX-11 2 lly-930x2013x10qxexhibit11.htm COMPUTATION OF EARNINGS PER SHARE LLY-9.30-2013-10Q-Exhibit 11


EXHIBIT 11. Statement Re: Computation of Earnings Per Share
(Unaudited)
ELI LILLY AND COMPANY AND SUBSIDIARIES
 
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
2013
 
2012
 
2013
 
2012
 
 
(Dollars and shares in millions, except per-share data)
BASIC
 
 
 
 
 
 
 
 
Net income
 
$
1,203.1

 
$
1,326.6

 
$
3,957.3

 
$
3,261.3

Average number of common shares outstanding
 
1,076.6

 
1,110.4

 
1,079.1

 
1,110.3

Contingently issuable shares
 
3.6

 
9.2

 
3.7

 
8.1

Adjusted average shares
 
1,080.2

 
1,119.6

 
1,082.8

 
1,118.4

Basic earnings per share
 
$
1.11

 
$
1.18

 
$
3.65

 
$
2.92

DILUTED
 
 
 
 
 
 
 
 
Net income
 
$
1,203.1

 
$
1,326.6

 
$
3,957.3

 
$
3,261.3

Average number of common shares outstanding
 
1,076.6

 
1,110.4

 
1,079.1

 
1,110.3

Incremental shares – stock options and contingently issuable shares
 
7.6

 
9.2

 
7.6

 
8.1

Adjusted average shares
 
1,084.2

 
1,119.6

 
1,086.7

 
1,118.4

Diluted earnings per share
 
$
1.11

 
$
1.18

 
$
3.64

 
$
2.92