NOTE 20. EARNINGS PER SHARE
The following tables set forth the computation of basic and diluted earnings per share under ASC 260, “Earnings per Share”:
| For the years ended June 30, | |||||||||
| 2013 | 2012 | 2011 | |||||||
| (in millions, except per share amounts) | |||||||||
| Income from continuing operations | $ | 7,046 | $ | 3,369 | $ | 2,425 | |||
| Less: Net income attributable to noncontrolling interests | (226) | (193) | (129) | ||||||
| Income from continuing operations available to Twenty-First Century Fox, Inc. stockholders - basic | $ | 6,820 | $ | 3,176 | $ | 2,296 | |||
| Other | (3) | (2) | (3) | ||||||
| Income from continuing operations available to Twenty-First Century Fox, Inc. stockholders - diluted | $ | 6,817 | $ | 3,174 | $ | 2,293 | |||
| Income (loss) from discontinued operations, net of tax available to Twenty-First Century Fox, Inc. stockholders - basic and diluted | 277 | (1,997) | 443 | ||||||
| Net income available to Twenty-First Century Fox, Inc. stockholders - basic | 7,097 | 1,179 | 2,739 | ||||||
| Other | (3) | (2) | (3) | ||||||
| Net income available to Twenty-First Century Fox, Inc. stockholders - diluted | $ | 7,094 | $ | 1,177 | $ | 2,736 | |||
| Weighted average shares - basic | 2,337 | 2,499 | 2,625 | ||||||
| Shares issuable under equity-based compensation plans(a) | 4 | 5 | 8 | ||||||
| Weighted average shares - diluted | 2,341 | 2,504 | 2,633 | ||||||
| Income from continuing operations per share attributable to Twenty-First Century Fox, Inc. stockholders - basic and diluted | $ | 2.91 | $ | 1.27 | $ | 0.87 | |||
| Income (loss) from discontinued operations, net of tax per share attributable to Twenty-First Century Fox, Inc. stockholders - basic and diluted | $ | 0.12 | $ | (0.80) | $ | 0.17 | |||
| Income per share attributable to Twenty-First Century Fox, Inc. stockholders - basic and diluted | $ | 3.03 | $ | 0.47 | $ | 1.04 | |||