Exhibit 11
TEXAS INSTRUMENTS INCORPORATED AND SUBSIDIARIES
EARNINGS (LOSS) PER COMMON AND DILUTIVE POTENTIAL COMMON SHARE
| For Three Months Ended |
For Nine Months Ended |
|||||||||||||
| Sept. 30, 2002 |
Sept. 30, 2001 |
Sept. 30, 2002 |
Sept. 30, 2001 |
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| Net income (loss) in millions |
$ |
188 |
$ |
(117 |
) |
$ |
245 |
$ |
(85 |
) | ||||
| Add: Interest, net of tax effect, on convertible debentures assumed converted |
|
— |
|
— |
|
|
— |
|
— |
| ||||
| |
|
|
|
|
|
|
|
|
| |||||
| Adjusted net income (loss) in millions |
$ |
188 |
$ |
(117 |
) |
$ |
245 |
$ |
(85 |
) | ||||
| |
|
|
|
|
|
|
|
|
| |||||
| Diluted Earnings (Loss) per Common and Dilutive Potential Common Share: |
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| Weighted average common shares outstanding (in thousands) |
|
1,732,783 |
|
1,733,511 |
|
|
1,733,946 |
|
1,734,555 |
| ||||
| Weighted average dilutive potential common shares: |
||||||||||||||
| Stock option and compensation plans |
|
29,027 |
|
— |
|
|
35,732 |
|
— |
| ||||
| Convertible debentures |
|
— |
|
— |
|
|
— |
|
— |
| ||||
| |
|
|
|
|
|
|
|
|
| |||||
| Weighted average common and dilutive potential common shares |
|
1,761,810 |
|
1,733,511 |
|
|
1,769,678 |
|
1,734,555 |
| ||||
| |
|
|
|
|
|
|
|
|
| |||||
| Diluted earnings (loss) per common share |
$ |
0.11 |
$ |
(0.07 |
) |
$ |
0.14 |
$ |
(0.05 |
) | ||||
| |
|
|
|
|
|
|
|
|
| |||||
| Basic Earnings (Loss) per Common Share: |
||||||||||||||
| Weighted average common shares outstanding (in thousands) |
|
1,732,783 |
|
1,733,511 |
|
|
1,733,946 |
|
1,734,555 |
| ||||
| |
|
|
|
|
|
|
|
|
| |||||
| Basic earnings (loss) per common share |
$ |
0.11 |
$ |
(0.07 |
) |
$ |
0.14 |
$ |
(0.05 |
) | ||||
| |
|
|
|
|
|
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|
|
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