XML 131 R14.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Earnings (Loss) Per Share Attributable To Devon
 12 Months Ended
Dec. 31, 2014
Net earnings (loss) per share attributable to Devon:  
Earnings (Loss) Per Share Attributable To Devon

 

8.Net Earnings (Loss) Per Share Attributable to Devon    

 

The following table reconciles net earnings (loss) attributable to Devon and common shares outstanding used in the calculations of basic and diluted net earnings per share.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

Common

 

Earnings (loss)

 

 

Earnings (loss)

 

Shares

 

per  Share

 

 

 

 

 

 

 

 

 

 

 

  

(In millions, except per share amounts)

Year Ended December 31, 2014:

  

 

 

 

 

 

 

 

 

Net earnings attributable to Devon

  

$
1,607 

 

 
409 

 

 

 

Attributable to participating securities

  

 
(17)

 

 
(4)

 

 

 

Basic net earnings per share

  

 
1,590 

 

 
405 

 

$
3.93 

Dilutive effect of potential common shares issuable

  

 

 -

 

 
2 

 

 

 

Diluted net earnings per share

  

$
1,590 

 

 
407 

 

$
3.91 

 

  

 

 

 

 

 

 

 

 

Year Ended December 31, 2013:

  

 

 

 

 

 

 

 

 

Net loss attributable to Devon

  

$
(20)

 

 
406 

 

 

 

Attributable to participating securities

  

 
(2)

 

 
(4)

 

 

 

Basic net loss per share

  

 
(22)

 

 
402 

 

$
(0.06)

Dilutive effect of potential common shares issuable

  

 

 -

 

 

 -

 

 

 

Diluted net loss per share

  

$
(22)

 

 
402 

 

$
(0.06)

 

  

 

 

 

 

 

 

 

 

Year Ended December 31, 2012:

  

 

 

 

 

 

 

 

 

Net loss attributable to Devon

  

$
(206)

 

 
404 

 

 

 

Attributable to participating securities

  

 
(3)

 

 
(4)

 

 

 

Basic net loss per share

  

 
(209)

 

 
400 

 

$
(0.52)

Dilutive effect of potential common shares issuable

  

 

 - 

 

 

 -

 

 

 

Diluted net loss per share

  

$
(209)

 

 
400 

 

$
(0.52)

 

Certain options to purchase shares of Devon's common stock were excluded from the dilution calculations because the options were antidilutive. These excluded options totaled 3 million, 7 million and 9 million in 2014, 2013 and 2012, respectively.