EARNINGS PER SHARE |
EARNINGS PER SHARE
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Ìý |
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Three Months Ended December |
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Nine Months Ended December |
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(In thousands, except per share amounts) |
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2022 |
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2021 |
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2022 |
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2021 |
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Earnings per share – basic: |
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Income from continuing operations |
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$ |
507,868Ìý |
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$ |
517,801Ìý |
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$ |
333,476Ìý |
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$ |
1,135,826Ìý |
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Weighted average common shares outstanding |
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387,739Ìý |
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390,430Ìý |
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387,663Ìý |
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391,187Ìý |
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Earnings per share from continuing operations |
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$ |
1.31Ìý
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$ |
1.33Ìý
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$ |
0.86Ìý
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$ |
2.90Ìý
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Earnings per share – diluted: |
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Income from continuing operations |
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$ |
507,868Ìý |
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$ |
517,801Ìý |
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$ |
333,476Ìý |
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$ |
1,135,826Ìý |
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Weighted average common shares outstanding |
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387,739Ìý |
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390,430Ìý |
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387,663Ìý |
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391,187Ìý |
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Incremental shares from stock options and other dilutive securities |
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453Ìý |
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2,065Ìý |
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694Ìý |
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2,360Ìý |
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Adjusted weighted average common shares outstanding |
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388,192Ìý |
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392,495Ìý |
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388,357Ìý |
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393,547Ìý |
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Earnings per share from continuing operations |
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$ |
1.31Ìý
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$ |
1.32Ìý
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$ |
0.86Ìý
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$ |
2.89Ìý
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Outstanding options to purchase approximately 9.4 million shares were excluded from the calculations of diluted earnings per share for both the three and nine-month periods ended December 2022, and outstanding options to purchase approximately 2.8 million shares were excluded from the calculations of diluted earnings per share for both the three and nine-month periods ended December 2021, because the effect of their inclusion would have been anti-dilutive.In addition, 0.6 million shares of performance-based RSUs were excluded from the calculations of diluted earnings per share for the three and nine-month periods ended December 2022 and December 2021, because these units were not considered to be contingent outstanding shares in those periods.
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