Quarterly report pursuant to Section 13 or 15(d)

NET INCOME PER SHARE

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NET INCOME PER SHARE
9 Months Ended
Sep. 30, 2013
NET INCOME PER SHARE  
NET INCOME PER SHARE

17. NET INCOME PER SHARE

        Basic income per share excludes dilution and is computed by dividing net income attributable to Huntsman Corporation common stockholders by the weighted average number of shares outstanding during the period. Diluted income per share reflects all potential dilutive common shares outstanding during the period and is computed by dividing net income available to Huntsman Corporation common stockholders by the weighted average number of shares outstanding during the period increased by the number of additional shares that would have been outstanding as dilutive securities.

        Basic and diluted income per share is determined using the following information (in millions):

 
  Three months
ended
September 30,
  Nine months
ended
September 30,
 
 
  2013   2012   2013   2012  

Numerator:

                         

Basic and diluted income from continuing operations:

                         

Income from continuing operations attributable to Huntsman Corporation

  $ 66   $ 116   $ 91   $ 409  
                   

Basic and diluted net income:

                         

Net income attributable to Huntsman Corporation

  $ 64   $ 116   $ 87   $ 403  
                   

Shares (denominator):

                         

Weighted average shares outstanding

    239.8     237.9     239.5     237.4  

Dilutive securities:

                         

Stock-based awards

    2.7     2.9     2.6     2.9  
                   

Total weighted average shares outstanding, including dilutive shares

    242.5     240.8     242.1     240.3  
                   

        Additional stock-based awards of 7.6 million and 7.9 million weighted average equivalent shares of stock were outstanding during the three months ended September 30, 2013 and 2012, respectively, and additional stock-based awards of 7.5 million and 9.3 million weighted average equivalent shares of stock were outstanding during the nine months ended September 30, 2013 and 2012, respectively. However, these stock-based awards were not included in the computation of diluted earnings per share for the three and nine months ended September 30, 2013 and 2012 because the effect would be anti-dilutive.