XML 60 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share
9 Months Ended
Jun. 28, 2014
Earnings Per Share  
Earnings Per Share

16.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 28,
2014

 

June 29,
2013

 

June 28,
2014

 

June 29,
2013

 

Numerator for basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

Net income attributable to Keurig

 

$

155,151 

 

$

116,272 

 

$

455,462 

 

$

356,276 

 

Denominator:

 

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

162,695,801 

 

149,825,581 

 

155,267,136 

 

149,307,144 

 

Effect of dilutive securities

 

1,997,345 

 

3,043,811 

 

2,654,959 

 

3,340,623 

 

Diluted weighted-average shares outstanding

 

164,693,146 

 

152,869,392 

 

157,922,095 

 

152,647,767 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per common share

 

$

0.95 

 

$

0.78 

 

$

2.93 

 

$

2.39 

 

Diluted net income per common share

 

$

0.94 

 

$

0.76 

 

$

2.88 

 

$

2.33 

 

 

For the thirteen weeks ended June 28, 2014 and June 29, 2013, shares related to equity-based compensation of approximately 300,000 and 607,000, respectively, were excluded from the calculation of diluted earnings per share because they were antidilutive.

 

For the thirty-nine weeks ended June 28, 2014 and June 29, 2013, shares related to equity-based compensation of approximately 321,000 and 954,000, respectively, were excluded from the calculation of diluted earnings per share because they were antidilutive.