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Earnings per Share
 9 Months Ended
Nov. 02, 2013
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
 
We compute our basic earnings per share based on the weighted-average number of common shares outstanding and our diluted earnings per share based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had potentially dilutive common shares been issued. Potentially dilutive securities include stock options, nonvested share awards and shares issuable under our employee stock purchase plan. Nonvested market-based share awards and nonvested performance-based share awards are included in the average diluted shares outstanding for each period if established market or performance criteria have been met at the end of the respective periods.

The following table presents a reconciliation of the numerators and denominators of basic and diluted earnings per share from continuing operations attributable to Best Buy Co., Inc. ($ and shares in millions):
 
Three Months Ended
 
Nine Months Ended
 
November 2, 2013
 
November 3, 2012
 
November 2, 2013
 
November 3, 2012
Numerator
 

 
 

 
 
 
 
Net earnings (loss) from continuing operations
$
44

 
$
(9
)
 
$
378

 
$
191

Net earnings from continuing operations attributable to noncontrolling interests
(1
)
 
—

 
(1
)
 
—

Net earnings (loss) from continuing operations attributable to Best Buy Co., Inc.
$
43

 
$
(9
)
 
$
377

 
$
191

 


 


 
 
 
 
Denominator
 
 
 
 
 
 
 
Weighted-average common shares outstanding
342.8

 
337.2

 
340.7

 
339.3

Effect of potentially dilutive securities:
 
 
 
 
 
 
 
Nonvested share awards
6.1

 
—

 
4.6

 
1.1

Weighted-average common shares outstanding, assuming dilution
348.9

 
337.2

 
345.3

 
340.4

 
 
 
 
 
 
 
 
Net earnings (loss) per share from continuing operations attributable to Best Buy Co., Inc.
 
 
 
 
 
 
 
Basic
$
0.13

 
$
(0.03
)
 
$
1.11

 
$
0.56

Diluted
$
0.12

 
$
(0.03
)
 
$
1.09

 
$
0.56



The computation of weighted-average common shares outstanding, assuming dilution, excluded options to purchase 12.6 million shares of our common stock for the three months ended November 2, 2013 and options to purchase 16.4 million and 28.6 million shares of our common stock for the nine months ended November 2, 2013, and November 3, 2012, respectively. These amounts were excluded as the options’ exercise prices were greater than the average market price of our common stock for the periods presented and, therefore, the effect would be anti-dilutive (i.e., including such options would result in higher earnings per share). The calculation of the diluted loss per share for the three months ended November 3, 2012 does not include potentially dilutive securities because their inclusion would be anti-dilutive (i.e. reduce the net loss per share).