| Notes to Consolidated Financial Statements |
Becton, Dickinson and Company
|
14 Earnings per Share
For the years ended September 30, 2006, 2005 and 2004, the computations of basic and diluted earnings per share (shares in thousands) were as follows:
| |
2006 |
2005 |
2004 |
|
| Income from continuing operations |
$ |
755,591 |
|
$ |
692,283 |
|
$ |
582,504 |
|
| Preferred stock dividends |
|
— |
|
|
(367 |
) |
|
(2,115 |
) |
|
Income from continuing operations
available to common shareholders(A) |
|
755,591 |
|
|
691,916 |
|
|
580,389 |
|
Preferred stock dividends-using
“if converted” method |
|
— |
|
|
367 |
|
|
2,115 |
|
Additional ESOP contribution-using
“if converted” method |
|
— |
|
|
— |
|
|
(52 |
) |
|
Income from continuing operations
available to common shareholders
after assumed conversions(B) |
$ |
755,591 |
|
$ |
692,283 |
|
$ |
582,452 |
|
|
| Average common shares outstanding(C) |
|
247,067 |
|
|
251,429 |
|
|
252,011 |
|
| Dilutive stock equivalents from stock plans |
|
9,487 |
|
|
8,671 |
|
|
7,948 |
|
Shares issuable upon conversion
of preferred stock |
|
— |
|
|
612 |
|
|
3,378 |
|
|
Average common and common equivalent
shares outstanding- assuming dilution(D) |
|
256,554 |
|
|
260,712 |
|
|
263,337 |
|
|
Basic earnings per share-income from
continuing operations |
$ |
3.06 |
|
$ |
2.75 |
|
$ |
2.30 |
|
| (A divided by C) |
|
|
|
|
|
|
|
|
|
|
Diluted earnings per share-income from
continuing operations |
$ |
2.95 |
|
$ |
2.66 |
|
$ |
2.21 |
|
| (B divided by D) |
|
|
|
|
|
|
|
|
|
|
|
