XML 59 R23.htm IDEA: XBRL DOCUMENT v3.2.0.727
Earnings Per Share
9 Months Ended
Jun. 27, 2015
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 27,
2015

 

June 28,
2014

 

June 27,
2015

 

June 28,
2014

 

Numerator for basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

Net income attributable to Keurig

 

$

113,621 

 

$

155,151 

 

$

403,679 

 

$

455,462 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

154,052,575 

 

162,695,801 

 

158,402,095 

 

155,267,136 

 

Effect of dilutive securities

 

1,544,945 

 

1,997,345 

 

1,704,634 

 

2,654,959 

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted-average shares outstanding

 

155,597,520 

 

164,693,146 

 

160,106,729 

 

157,922,095 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per common share

 

$

0.74 

 

$

0.95 

 

$

2.55 

 

$

2.93 

 

Diluted net income per common share

 

$

0.73 

 

$

0.94 

 

$

2.52 

 

$

2.88 

 

 

For the thirteen weeks ended June 27, 2015 and June 28, 2014, shares related to equity-based compensation of approximately 450,000 and 300,000, respectively, were excluded from the calculation of diluted earnings per share because they were antidilutive.

 

For the thirty-nine weeks ended June 27, 2015 and June 28, 2014, shares related to the equity-based compensation of approximately 204,000 and 321,000, respectively, were excluded from the calculation of diluted earnings per share because they were antidilutive.