Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

v2.4.0.8
Earnings Per Share
 12 Months Ended
Dec. 28, 2013
Earnings Per Share

Note S — Earnings Per Share

2013 2012 2011
In thousands, except per share amounts

Earnings per share — basic:

Net income

 $ 1,210,119 $ 1,086,138 $ 890,393

Net (income) loss attributable to noncontrolling interests

 — (139 ) (2,304 )

Net income attributable to VF Corporation

 $ 1,210,119 $ 1,085,999 $ 888,089

Weighted average common shares outstanding

 438,657 439,292 437,148

Earnings per share attributable to VF

Corporation common stockholders

 $ 2.76 $ 2.47 $ 2.03

Earnings per share – diluted:

Net income attributable to VF Corporation

 $ 1,210,119 $ 1,085,999 $ 888,089

Weighted average common shares outstanding

 438,657 439,292 437,148

Incremental shares from stock options and other dilutive securities

 8,152 8,324 8,004

Adjusted weighted average common shares outstanding

 446,809 447,616 445,152

Earnings per share attributable to VF

Corporation common stockholders

 $ 2.71 $ 2.43 $ 2.00

Outstanding options to purchase 0.9 million shares, 2.6 million shares and 1.9 million shares of Common Stock were excluded from the computations of diluted earnings per share in 2013, 2012 and 2011, respectively, because the effect of their inclusion would have been antidilutive. In addition, 1.3 million restricted stock units in 2013, 1.5 million restricted stock units in 2012 and 1.8 million restricted stock units in 2011 were excluded from the computations of diluted earnings per share because these units have not yet been earned in accordance with the vesting conditions of the plan.