Facebook 2013 Annual Report Download - page 75

Download and view the complete annual report

Please find page 75 of the 2013 Facebook annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 96

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96

73
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,
2013 2012 2011
Class
AClass
BClass
AClass
BClass
AClass
B
Basic EPS:
Numerator
Net income $ 1,114 $ 386 $ 18 $ 35 $ 85 $ 915
Less: Net income attributable to participating securities 7 2 7 14 28 304
Net income attributable to common stockholders $ 1,107 $ 384 $ 11 $ 21 $ 57 $ 611
Denominator
Weighted average shares outstanding 1,803 631 668 1,344 110 1,189
Less: Shares subject to repurchase 5 9 1 5 — 5
Number of shares used for basic EPS computation 1,798 622 667 1,339 110 1,184
Basic EPS $ 0.62 $ 0.62 $ 0.02 $ 0.02 $ 0.52 $ 0.52
Diluted EPS:
Numerator
Net income attributable to common stockholders $ 1,107 $ 384 $ 11 $ 21 $ 57 $ 611
Reallocation of net income attributable to participating
securities 9 — — — 31 —
Reallocation of net income as a result of conversion of Class
B to Class A common stock 384 — 21 — 611 —
Reallocation of net income to Class B common stock — 39 — 1 — 37
Net income attributable to common stockholders for
diluted EPS $ 1,500 $ 423 $ 32 $ 22 $ 699 $ 648
Denominator
Number of shares used for basic EPS computation 1,798 622 667 1,339 110 1,184
Conversion of Class B to Class A common stock 622 — 1,339 — 1,184 —
Weighted average effect of dilutive securities:
Employee stock options 65 65 134 134 204 204
RSUs 25 15 23 23 5 5
Shares subject to repurchase 7 7 3 3 3 3
Warrants — — — — 2 2
Number of shares used for diluted EPS computation 2,517 709 2,166 1,499 1,508 1,398
Diluted EPS $ 0.60 $ 0.60 $ 0.01 $ 0.01 $ 0.46 $ 0.46