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Earnings Per Share
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share

3.   Earnings Per Share

The following is a reconciliation from basic earnings (loss) per share of Schlumberger to diluted earnings (loss) per share of Schlumberger:

 

(Stated in millions, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

2017

 

 

Schlumberger Net Income

 

 

Average

Shares

Outstanding

 

 

Earnings per Share

 

 

Schlumberger Net Loss

 

 

Average

Shares

Outstanding

 

 

Loss per Share

 

Second Quarter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

430

 

 

 

1,384

 

 

$

0.31

 

 

$

(74

)

 

 

1,387

 

 

$

(0.05

)

Assumed exercise of stock options

 

-

 

 

 

1

 

 

 

 

 

 

 

-

 

 

 

-

 

 

 

 

 

Unvested restricted stock

 

-

 

 

 

7

 

 

 

 

 

 

 

-

 

 

 

-

 

 

 

 

 

Diluted

$

430

 

 

 

1,392

 

 

$

0.31

 

 

$

(74

)

 

 

1,387

 

 

$

(0.05

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

2017

 

 

Schlumberger Net Income

 

 

Average

Shares

Outstanding

 

 

Earnings per Share

 

 

Schlumberger Net Income

 

 

Average

Shares

Outstanding

 

 

Earnings per Share

 

Six Months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

955

 

 

$

1,385

 

 

$

0.69

 

 

$

205

 

 

$

1,390

 

 

$

0.15

 

Assumed exercise of stock options

 

-

 

 

 

1

 

 

 

 

 

 

 

-

 

 

 

2

 

 

 

 

 

Unvested restricted stock

 

-

 

 

 

7

 

 

 

 

 

 

 

-

 

 

 

5

 

 

 

 

 

Diluted

$

955

 

 

$

1,393

 

 

$

0.69

 

 

$

205

 

 

$

1,397

 

 

$

0.15

 

 

The number of outstanding options to purchase shares of Schlumberger common stock that 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)

 

 

 

 

 

 

 

 

2018

 

 

2017

 

Second Quarter

 

38

 

 

 

49

 

Six Months

 

38

 

 

 

29