Three months ended

Six months ended

June 30,

2020

2019

2020

2019

Numerators

Numerator for basic earnings per share:

Net Income

$

1,563

$

3,974

$

6,526

$

8,322

Less: Net income attributable to noncontrolling interest

(282)

(261)

(635)

(513)

Net Income attributable to AT&T

1,281

3,713

5,891

7,809

Less: Preferred stock dividends

(52)

-

(84)

-

Net income attributable to common stock

1,229

3,713

5,807

7,809

Dilutive potential common shares:

Share-based payment

5

4

11

10

Numerator for diluted earnings per share

$

1,234

$

3,717

$

5,818

$

7,819

Denominators (000,000)

Denominator for basic earnings per share:

Weighted average number of common shares outstanding

7,145

7,323

7,166

7,318

Dilutive potential common shares:

Share-based payment (in shares)

25

30

26

29

Denominator for diluted earnings per share

7,170

7,353

7,192

7,347

Basic earnings per share attributable to Common Stock

$

0.17

$

0.51

$

0.81

$

1.06

Diluted earnings per share attributable to Common Stock

$

0.17

$

0.51

$

0.81

$

1.06