Facebook 2012 Annual Report Download - page 90

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The numerators and denominators of the basic and diluted EPS computations for our common stock are
calculated as follows (in millions, except per share amounts):
Year Ended December 31,
2012 2011 2010
Class A Class B Class A Class B Class A Class B
Basic EPS:
Numerator
Net income ................................. $ 18 $ 35 $ 85 $ 915 $ 18 $ 588
Less: Net income attributable to participating
securities ................................. 7 14 28 304 7 227
Net income attributable to common
stockholders .......................... $ 11 $ 21 $ 57 $ 611 $ 11 $ 361
Denominator
Weighted average shares outstanding ............. 668 1,344 110 1,189 32 1,081
Less: Shares subject to repurchase ............... 1 5 — 5 — 6
Number of shares used for basic EPS
computation .......................... 667 1,339 110 1,184 32 1,075
Basic EPS ...................................... $ 0.02 $ 0.02 $ 0.52 $ 0.52 $ 0.34 $ 0.34
Diluted EPS:
Numerator
Net income attributable to common stockholders . . . $ 11 $ 21 $ 57 $ 611 $ 11 $ 361
Reallocation of net income attributable to
participating securities ......................——31—30—
Reallocation of net income as a result of conversion
of Class B to Class A common stock ........... 21 — 611 — 361 —
Reallocation of net income to Class B common
stock .................................... — 1 — 37 — 32
Net income attributable to common
stockholders for diluted EPS .............. $ 32 $ 22 $ 699 $ 648 $ 402 $ 393
Denominator
Number of shares used for basic EPS computation . . 667 1,339 110 1,184 32 1,075
Conversion of Class B to Class A common stock . . . 1,339 — 1,184 — 1,075 —
Weighted average effect of dilutive securities:
Employee stock options ................... 134 134 204 204 295 295
RSUs .................................. 23 23 5 5 — —
Shares subject to repurchase ................333344
Warrants ............................... — —2288
Number of shares used for diluted EPS
computation ...................... 2,166 1,499 1,508 1,398 1,414 1,382
Diluted EPS ..................................... $ 0.01 $ 0.01 $ 0.46 $ 0.46 $ 0.28 $ 0.28
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