XML 32 R21.htm IDEA: XBRL DOCUMENT v3.19.2
Earnings Per Share Attributable to Common Stockholders
6 Months Ended
May 26, 2019
Earnings Per Share [Abstract]  
Earnings Per Share Attributable to Common Stockholders
EARNINGS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS
Basic earnings per share attributable to common stockholders is calculated by dividing net income attributable to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings per share attributable to common stockholders adjusts the basic earnings per share attributable to common stockholders and the weighted-average number of common shares outstanding for the potentially dilutive impact of RSUs and stock appreciation rights using the treasury stock method. The following table sets forth the computation of the Company's basic and diluted earnings per share:
 
Three Months Ended
 
Six Months Ended
 
May 26,
2019
 
May 27,
2018
 
May 26,
2019
 
May 27,
2018
 
(Dollars in thousands, except per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income attributable to Levi Strauss & Co.
$
28,230

 
$
74,932

 
$
174,807

 
$
55,920

Denominator:
 
 
 
 
 
 
 
Weighted-average common shares outstanding - basic
389,518,461

 
377,132,162

 
383,278,398

 
376,384,657

Dilutive effect of stock awards
19,814,536

 
10,632,418

 
18,127,013

 
10,745,467

Weighted-average common shares outstanding - diluted
409,332,997

 
387,764,580

 
401,405,411

 
387,130,124

Earnings per common share attributable to common stockholders:
 
 
 
 
 
 
 
Basic
$
0.07

 
$
0.20

 
$
0.46

 
$
0.15

Diluted
$
0.07

 
$
0.19

 
$
0.44

 
$
0.14

Anti-dilutive securities excluded from calculation of diluted earnings per share attributable to common stockholders

 
2,817,830

 

 
7,564,301