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Aflac Incorporated 2nd Quarter 2011 Form 10-Q
Aflac Incorporated and Subsidiaries
Computation of Earnings Per Share
Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||
| 2011 | 2010 | 2011 | 2010 | |||||||||||||
Numerator (In millions): | ||||||||||||||||
Basic and diluted: net earnings applicable to common stock | $ | 280 | $ | 581 | $ | 674 | $ | 1,217 | ||||||||
Denominator (In thousands): | ||||||||||||||||
Weighted-average outstanding shares used in the computation of earnings per share - basic | 466,498 | 468,824 | 467,317 | 468,377 | ||||||||||||
Dilutive effect of share-based awards | 3,254 | 3,715 | 3,673 | 4,120 | ||||||||||||
Weighted-average outstanding shares used in the computation of earnings per share - diluted | 469,752 | 472,539 | 470,990 | 472,497 | ||||||||||||
Earnings per share: | ||||||||||||||||
Basic | $ | .60 | $ | 1.24 | $ | 1.44 | $ | 2.60 | ||||||||
Diluted | .60 | 1.23 | 1.43 | 2.58 | ||||||||||||