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Earnings Per Share
9 Months Ended
Jun. 23, 2012
Earnings Per Share  
Earnings Per Share

17.       Earnings Per Share

 

The following table illustrates the reconciliation of the numerator and denominator of basic and diluted earnings per share computations (dollars in thousands, except per share data):

 

 

 

Thirteen weeks ended

 

Thirty-nine weeks ended

 

 

 

June 23,
2012

 

June 25,
2011

 

June 23,
2012

 

June 25,
2011

 

Numerator for basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

Net income attributable to GMCR

 

$

73,296

 

$

56,348

 

$

270,741

 

$

124,132

 

Denominator:

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

155,459,690

 

147,663,350

 

155,071,117

 

143,606,691

 

Effect of dilutive securities - stock options

 

3,839,888

 

5,681,039

 

4,293,323

 

5,750,789

 

Diluted weighted average shares outstanding

 

159,299,578

 

153,344,389

 

159,364,440

 

149,357,480

 

 

 

 

 

 

 

 

 

 

 

Basic net income per common share

 

$

0.47

 

$

0.38

 

$

1.75

 

$

0.86

 

Diluted net income per common share

 

$

0.46

 

$

0.37

 

$

1.70

 

$

0.83

 

 

For the thirteen and thirty-nine weeks ended June 23, 2012, options to purchase 1,198,000 and 557,000 shares of common stock, respectively, were excluded from the calculation of diluted earnings per share because they were antidilutive.

 

For the thirteen and thirty-nine weeks ended June 25, 2011, options to purchase 360,000 and 166,000 shares of common stock, respectively, were excluded from the calculation of diluted earnings per share because they were antidilutive.