Notes
For the years ended September 30, 2003, 2002, and 2001, the following table sets forth the computations of basic and diluted earnings per share, before the cumulative effect of accounting change (shares in thousands):
| |
|
2003 |
|
|
2002 |
|
|
2001 |
|
 |
| Income before cumulative |
|
|
|
|
|
|
|
|
|
| effect of accounting change |
$ |
547,056 |
|
$ |
479,982 |
|
$ |
438,402 |
|
| Preferred stock dividends |
|
(2,344 |
) |
|
(2,553 |
) |
|
(2,721 |
) |
|
| Income available to common |
|
|
|
|
|
|
|
|
|
| shareholders(A) |
|
544,712 |
|
|
477,429 |
|
|
435,681 |
|
| Preferred stock dividends–using |
|
|
|
|
|
|
|
|
|
| “if converted” method |
|
2,344 |
|
|
2,553 |
|
|
2,721 |
|
| Additional ESOP contribution– |
|
|
|
|
|
|
|
|
|
| using “if converted” method |
|
(502 |
) |
|
(613 |
) |
|
(645 |
) |
|
| Income available to common |
|
|
|
|
|
|
|
|
|
| shareholders after assumed |
|
|
|
|
|
|
|
|
|
| conversions(B) |
$ |
546,554 |
|
$ |
479,369 |
|
$ |
437,757 |
|
|
| Average common shares |
|
|
|
|
|
|
|
|
|
| outstanding(C) |
|
254,497 |
|
|
258,016 |
|
|
257,128 |
|
| Dilutive stock equivalents |
|
|
|
|
|
|
|
|
|
| from stock plans |
|
5,402 |
|
|
6,076 |
|
|
7,309 |
|
| Shares issuable upon conversion |
|
|
|
|
|
|
|
|
|
| of preferred stock |
|
3,736 |
|
|
4,091 |
|
|
4,396 |
|
|
| Average common and common |
|
|
|
|
|
|
|
|
|
| equivalent shares outstanding– |
|
|
|
|
|
|
|
|
|
| assuming dilution(D) |
|
263,635 |
|
|
268,183 |
|
|
268,833 |
|
|
| Basic earnings per share before |
|
|
|
|
|
|
|
|
|
| cumulative effect of change |
|
|
|
|
|
|
|
|
|
| in accounting principle(A/C) |
$ |
2.14 |
|
$ |
1.85 |
|
$ |
1.69 |
|
|
| Diluted earnings per share |
|
|
|
|
|
|
|
|
|
| before cumulative effect of |
|
|
|
|
|
|
|
|
|
| change in accounting principle(B/D) |
$ |
2.07 |
|
$ |
1.79 |
|
$ |
1.63 |
|
|
|
