Motorola 2014 Annual Report Download - page 59

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57
Earnings Per Common Share
Basic and diluted earnings per common share from both continuing operations and net earnings attributable to Motorola
Solutions, Inc. is computed as follows:
Amounts attributable to Motorola Solutions, Inc. common stockholders
Earnings (loss) from Continuing Operations Net Earnings
Years ended December 31 2014 2013 2012 2014 2013 2012
Basic earnings per common
share:
Earnings (loss) $ (697) $ 933 $ 670 $ 1,299 $ 1,099 $ 881
Weighted average common
shares outstanding 245.6 266.0 292.1 245.6 266.0 292.1
Per share amount $ (2.84) $ 3.51 $ 2.29 $ 5.29 $ 4.13 $ 3.02
Diluted earnings per
common share:
Earnings (loss) $ (697) $ 933 $ 670 $ 1,299 $ 1,099 $ 881
Weighted average common
shares outstanding 245.6 266.0 292.1 245.6 266.0 292.1
Add effect of dilutive securities:
Share-based awards 4.5 5.3 4.5 5.3
Diluted weighted average
common shares outstanding 245.6 270.5 297.4 245.6 270.5 297.4
Per share amount $ (2.84) $ 3.45 $ 2.25 $ 5.29 $ 4.06 $ 2.96
For the year ended December 31, 2014, the Company had a net loss from continuing operations and, accordingly, the
basic and diluted weighted average shares outstanding are equal because any increase to the basic shares would be
antidilutive, including the assumed exercise of 6.3 million stock options and the assumed vesting of 1.1 million restricted stock
units. In the computation of diluted earnings per common share from continuing operations and on a net earnings basis for the
years ended December 31, 2013 and December 31, 2012, the assumed exercise of 5.6 million and 5.9 million stock options,
respectively, were excluded because their inclusion would have been antidilutive.