Attached files

file filename
10-Q - 1ST QTR 2010 10-Q - Lumen Technologies, Inc.file10q.htm
EX-32 - EXHIBIT 32 - Lumen Technologies, Inc.exhibit32.htm
EX-31.1 - EXHIBIT 31.1 - Lumen Technologies, Inc.exhibit311.htm
EX-31.2 - EXHIBIT 31.2 - Lumen Technologies, Inc.exhibit312.htm
EX-10.2 - EXHIBIT 10.2 - Lumen Technologies, Inc.exhibit102.htm
Exhibit 11
CenturyTel, Inc.
COMPUTATIONS OF EARNINGS PER SHARE
(UNAUDITED)
 
 
 
   
Three months
 
   
ended March 31,
 
   
2010
   
2009
 
   
(Dollars, except per share amounts,
 
   
and shares in thousands)
 
Income (Numerator):
           
Net income attributable to CenturyTel, Inc.
  $ 252,601       67,154  
Dividends applicable to preferred stock
    (3 )     (3 )
Earnings applicable to unvested restricted stock
    (1,138 )     (870 )
                 
Net income applicable to common stock for
               
  computing basic earnings per share
    251,460       66,281  
Dividends applicable to preferred stock
    3       3  
                 
Net income as adjusted for purposes of computing
               
  diluted earnings per share
  $ 251,463       66,284  
                 
Shares (Denominator):
               
Weighted average number of shares:
               
        Outstanding during period
    299,547       100,427  
        Unvested restricted stock
    (1,349 )     (1,301 )
        Unvested restricted stock units
    1,215       -  
                 
Weighted average number of shares outstanding during
               
   period for computing basic earnings per share
    299,413       99,126  
                 
Incremental common shares attributable to dilutive securities:
               
        Shares issuable under convertible securities
    13       13  
        Shares issuable under incentive compensation plans
    571       5  
                 
Number of shares as adjusted for purposes of computing
               
  diluted earnings per share
    299,997       99,144  
                 
                 
Basic earnings per share
  $ .84       .67  
                 
Diluted earnings per share
  $ .84       .67