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Shares Used in Computing Net Income Per Share
6 Months Ended
Jun. 30, 2013
Shares Used in Computing Net Income Per Share

6. Shares Used in Computing Net Income Per Share

The computation of shares used in calculating diluted net income per common share is as follows:

 

     Three Months Ended      Six Months Ended  
     June 30,      June 30,  

(In millions)

   2013      2012      2013      2012  

Weighted-average shares outstanding used for the calculation of net income per share—basic

     132.5         136.1         133.0         137.4   

Common stock equivalents

     1.8         1.7         1.7         1.7   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total shares used for the calculation of net income per share—diluted

     134.3         137.8         134.7         139.1   
  

 

 

    

 

 

    

 

 

    

 

 

 

For the three months ended June 30, 2013 and 2012, stock options for 0.9 million and 1.7 million shares, respectively, were excluded from the calculation of diluted weighted-average outstanding shares because their impact was anti-dilutive. For the six months ended June 30, 2013 and 2012, stock options for 0.7 million and 1.5 million shares, respectively, were excluded from the calculation of diluted weighted-average outstanding shares because their impact was anti-dilutive.