(7) Earnings Per Share

A reconciliation of basic and diluted net income (loss) per share attributable to Deere & Company follows in millions, except per share amounts:


	Three Months Ended
	January 27		January 28
	2019		2018
Net income (loss) attributable to Deere & Company	$	498.5	$	(535.1)
Less income allocable to participating securities		.1
Income (loss) allocable to common stock	$	498.4	$	(535.1)
Average shares outstanding		318.5		322.8
Basic per share	$	1.56	$	(1.66)

Average shares outstanding		318.5		322.8
Effect of dilutive share-based compensation		4.2
Total potential shares outstanding		322.7		322.8
Diluted per share	$	1.54	$	(1.66)

During the first quarter of 2019 and 2018, .6 million shares and 5.3 million shares, respectively, were excluded from the computation because the incremental shares would have been antidilutive.