 |
Notes to Consolidated Financial Statements
|
|
For the years ended September 30, 2005, 2004 and 2003, the computations of basic and diluted earnings per share (shares in thousands) were as follows:
| |
2005 |
2004 |
2003 |
|
| Income from continuing operations |
$ |
692,283 |
|
$ |
582,504 |
|
$ |
554,930 |
|
| Preferred stock dividends |
|
(367 |
) |
|
(2,115 |
) |
|
(2,344 |
) |
|
Income from continuing operations
available to common shareholders(A) |
|
691,916 |
|
|
580,389 |
|
|
552,586 |
|
Preferred stock dividends–using
“if converted” method |
|
367 |
|
|
2,115 |
|
|
2,344 |
|
Additional ESOP contribution–using
“if converted” method |
|
— |
|
|
(52 |
) |
|
(502 |
) |
|
Income from continuing operations
available to common shareholders
after assumed conversions(B) |
$ |
692,283 |
|
$ |
582,452 |
|
$ |
554,428 |
|
|
| Average common shares outstanding(C) |
|
251,429 |
|
|
252,011 |
|
|
254,497 |
|
Dilutive stock equivalents from
stock plans |
|
8,671 |
|
|
7,948 |
|
|
5,402 |
|
Shares issuable upon conversion
of preferred stock |
|
612 |
|
|
3,378 |
|
|
3,736 |
|
|
Average common and common
equivalent shares outstanding–
assuming dilution(D) |
|
260,712 |
|
|
263,337 |
|
|
263,635 |
|
|
Basic earnings per share–income
from continuing operations |
$ |
2.75 |
|
$ |
2.30 |
|
$ |
2.17 |
|
| (A divided by C) |
|
|
|
|
|
|
|
|
|
|
Diluted earnings per share–income
from continuing operations |
$ |
2.66 |
|
$ |
2.21 |
|
$ |
2.10 |
|
| (B divided by D) |
|
|
|
|
|
|
|
|
|
|
|
