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Earnings Per Share
6 Months Ended
Jun. 30, 2014
Earnings Per Share

 

3. Earnings Per Share

The following is a reconciliation from basic earnings per share of Schlumberger to diluted earnings per share from continuing operations of Schlumberger:

 

 

(Stated in millions, except per share amounts)

 

 

2014

 

 

2013

 

 

Schlumberger Income from Continuing Operations

 

 

Average Shares Outstanding

 

 

Earnings per Share from Continuing Operations

 

 

Schlumberger Income from Continuing Operations

 

 

Average

Shares Outstanding

 

 

Earnings per Share from Continuing Operations

 

Second Quarter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

1,800

 

 

 

1,300

 

 

$

1.38

 

 

$

2,219

 

 

 

1,327

 

 

$

1.67

 

Assumed exercise of stock options

 

 

 

 

11

 

 

 

 

 

 

 

 

 

 

5

 

 

 

 

 

Unvested restricted stock

 

 

 

 

4

 

 

 

 

 

 

 

 

 

 

4

 

 

 

 

 

Diluted

$

1,800

 

 

 

1,315

 

 

$

1.37

 

 

$

2,219

 

 

 

1,336

 

 

$

1.66

 

 

 

Schlumberger Income from Continuing Operations

 

 

Average Shares Outstanding

 

 

Earnings per Share from Continuing Operations

 

 

Schlumberger Income from Continuing Operations

 

 

Average

Shares Outstanding

 

 

Earnings per Share from Continuing Operations

 

Six Months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

3,392

 

 

 

1,303

 

 

$

2.60

 

 

$

3,423

 

 

 

1,329

 

 

$

2.58

 

Assumed exercise of stock options

 

 

 

 

9

 

 

 

 

 

 

 

 

 

 

6

 

 

 

 

 

Unvested restricted stock

 

 

 

 

4

 

 

 

 

 

 

 

 

 

 

4

 

 

 

 

 

Diluted

$

3,392

 

 

 

1,316

 

 

$

2.58

 

 

$

3,423

 

 

 

1,339

 

 

$

2.56

 

 

The number of outstanding options to purchase shares of Schlumberger common stock which were not included in the computation of diluted earnings per share, because to do so would have had an antidilutive effect, was as follows:

 

 

(Stated in millions)

 

 

2014

 

 

2013

 

Second Quarter

 

 

 

 

13

 

Six Months

 

5

 

 

 

13