Attached files
file | filename |
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10-Q - 3RD QTR 2010 10Q - Lumen Technologies, Inc. | file10q.htm |
EX-32 - EXHIBIT 32 - Lumen Technologies, Inc. | exh32.htm |
EX-3.2 - EXHIBIT 3.2 - Lumen Technologies, Inc. | exh3-2.htm |
EX-31.2 - EXHIBIT 31.2 - Lumen Technologies, Inc. | exh31-2.htm |
EX-31.1 - EXHIBIT 31.1 - Lumen Technologies, Inc. | exh31-1.htm |
EX-10.2 - EXHIBIT 10.2 - Lumen Technologies, Inc. | exh10-2.htm |
EX-10.1A - EXHIBIT 10.1A - Lumen Technologies, Inc. | exh10-1a.htm |
EX-10.13 - EXHIBIT 10.13 - Lumen Technologies, Inc. | exh10-13.htm |
EX-10.16 - EXHIBIT 10.16 - Lumen Technologies, Inc. | exh10-16.htm |
EX-10.15 - EXHIBIT 10.15 - Lumen Technologies, Inc. | exh10-15.htm |
EX-10.1B - EXHIBIT 10.1B - Lumen Technologies, Inc. | exh10-1b.htm |
EX-10.1C - EXHIBIT 10.1C - Lumen Technologies, Inc. | exh10-1c.htm |
Exhibit 11
CenturyLink, Inc.
COMPUTATIONS OF EARNINGS PER SHARE
(UNAUDITED)
Three months
|
Nine months
|
|||||||||||||||
ended September 30,
|
ended September 30,
|
|||||||||||||||
2010
|
2009
|
2010
|
2009
|
|||||||||||||
(Dollars, except per share amounts,
and shares in thousands)
|
||||||||||||||||
Income (Numerator):
|
||||||||||||||||
Net income before extraordinary item
|
$ | 231,167 | 147,635 | 722,539 | 283,819 | |||||||||||
Extraordinary item, net of income tax expense and noncontrolling interests
|
- | 133,213 | - | 133,213 | ||||||||||||
Net income attributable to CenturyLink, Inc.
|
231,167 | 280,848 | 722,539 | 417,032 | ||||||||||||
Dividends applicable to preferred stock
|
(3 | ) | (3 | ) | (9 | ) | (9 | ) | ||||||||
Earnings applicable to unvested restricted stock:
|
||||||||||||||||
Income before extraordinary item
|
(1,442 | ) | (690 | ) | (3,866 | ) | (2,395 | ) | ||||||||
Extraordinary item
|
- | (622 | ) | - | (1,124 | ) | ||||||||||
Net income as adjusted for purposes of computing basic earnings per share
|
229,722 | 279,533 | 718,664 | 413,504 | ||||||||||||
Dividends applicable to preferred stock
|
3 | 3 | 9 | 9 | ||||||||||||
Net income as adjusted for purposes of computing diluted earnings per share
|
$ | 229,725 | 279,536 | 718,673 | 413,513 | |||||||||||
Shares (Denominator):
|
||||||||||||||||
Weighted average number of shares:
|
||||||||||||||||
Outstanding during period
|
301,745 | 297,331 | 300,665 | 166,230 | ||||||||||||
Unvested restricted stock
|
(1,882 | ) | (1,390 | ) | (1,607 | ) | (1,403 | ) | ||||||||
Unvested restricted stock units
|
839 | 2,192 | 1,000 | 731 | ||||||||||||
Weighted average number of shares outstanding during period for computing basic earnings per share
|
300,702 | 298,133 | 300,058 | 165,558 | ||||||||||||
Incremental common shares attributable to dilutive securities:
|
||||||||||||||||
Shares issuable under convertible securities
|
13 | 13 | 13 | 13 | ||||||||||||
Shares issuable under incentive compensation plans
|
671 | 257 | 592 | 95 | ||||||||||||
Number of shares as adjusted for purposes of computing diluted earnings per share
|
301,386 | 298,403 | 300,663 | 165,666 | ||||||||||||
|
||||||||||||||||
Basic earnings per share
|
||||||||||||||||
Income before extraordinary item
|
$ | .76 | .49 | 2.40 | 1.70 | |||||||||||
Extraordinary item
|
$ | - | .44 | - | .80 | |||||||||||
Basic earnings per share
|
$ | .76 | .94 | 2.40 | 2.50 | |||||||||||
Diluted earnings per share
|
||||||||||||||||
Income before extraordinary item
|
$ | .76 | .49 | 2.39 | 1.70 | |||||||||||
Extraordinary item
|
$ | - | .44 | - | .80 | |||||||||||
Basic earnings per share
|
$ | .76 | .94 | 2.39 | 2.50 |