Symantec 2009 Annual Report Download - page 162

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Note 15. Earnings Per Share
Basic and diluted earnings per share are computed on the basis of the weighted average number of shares of
common stock outstanding during the period. Diluted earnings per share also includes the incremental effect of
dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential
common shares include shares underlying outstanding stock options, stock awards, warrants, and convertible notes.
The components of earnings per share are as follows:
April 3,
2009
March 28,
2008
March 30,
2007
Year Ended
(In thousands, except per share data)
Net (loss) income per share — basic:
Net (loss) income ................................. $(6,728,870) $463,850 $404,380
Net (loss) income per share — basic ................... (8.10) 0.53 0.42
Weighted-average outstanding common shares ........... 830,983 867,562 960,575
Net (loss) income per share — diluted:
Net (loss) income ................................. $(6,728,870) $463,850 $404,380
Net (loss) income per share — diluted.................. (8.10) 0.52 0.41
Weighted-average outstanding common shares ........... 830,983 867,562 960,575
Shares issuable from assumed exercise of options ......... — 15,191 20,047
Dilutive impact of restricted stock and restricted stock
units......................................... — 1,383 522
Dilutive impact of assumed conversion of Senior Notes . .... — — 2,117
Total weighted-average shares outstanding — diluted . . . .... 830,983 884,136 983,261
The following potential common shares were excluded from the computation of diluted earnings per share, as
their effect would have been anti-dilutive:
April 3,
2009
(1)
March 28,
2008
(1)
March 30,
2007
(1)
Year Ended
(In thousands)
Stock options ........................................ 61,436 65,955 69,186
Restricted stock units .................................. 2,044 113 109
63,480 66,068 69,295
(1)
For these fiscal years, the effect of the warrants issued and option purchased in connection with the convertible
Senior Notes were excluded because, as discussed in Note 8, they have no impact on diluted earnings per share
until our average stock price for the applicable period reaches $27.3175 per share and $19.12 per share,
respectively.
102
SYMANTEC CORPORATION
Notes to Consolidated Financial Statements — (Continued)