XML 51 R25.htm IDEA: XBRL DOCUMENT v3.19.1
EARNINGS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS
12 Months Ended
Nov. 25, 2018
Earnings Per Share [Abstract]  
EARNINGS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS

NOTE 18: 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 restricted stock units and stock appreciation rights using the treasury stock method. The following table sets forth the computation of our basic and diluted earnings per share as follows:

 

    Year Ended  
    November 25,
2018
    November 26,
2017
    November 27,
2016
 
    (Dollars in thousands, except per share amounts)  

Numerator:

     

Net income attributable to Levi Strauss & Co.

  $ 283,142     $ 281,403     $ 291,052  

Denominator:

     

Weighted-average common shares outstanding—basic

    377,139,847       376,177,350       375,141,560  

Dilutive effect of stock awards

    11,467,514       8,160,980       7,711,390  
 

 

 

   

 

 

   

 

 

 

Weighted-average common shares outstanding—diluted

    388,607,361       384,338,330       382,852,950  

Earnings per common share attributable to common stockholders:

     

Basic

  $ 0.75     $ 0.75     $ 0.78  

Diluted

  $ 0.73     $ 0.73     $ 0.76  

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

    755,550       9,045,540       7,135,750