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Basis of Presentation (Policies)
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6 Months Ended |
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Mar. 31, 2013
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| Notes to Financial Statements [Abstract] | |
| Fiscal Period, Policy |
The Company operates and reports using a 52-53 week fiscal year ending on the last Sunday in September. Each of the three-month and six-month periods ended March 31, 2013 and March 25, 2012 included 13 weeks and 26 weeks, respectively.
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| Earnings Per Common Share |
Basic earnings per common share is computed by dividing net income attributable to Qualcomm by the weighted-average number of common shares outstanding during the reporting period. Diluted earnings per common share is computed by dividing net income attributable to Qualcomm by the combination of dilutive common share equivalents, comprised of shares issuable under the Company’s share-based compensation plans and shares subject to written put options, and the weighted-average number of common shares outstanding during the reporting period. Dilutive common share equivalents include the dilutive effect of in-the-money share equivalents, which is calculated based on the average share price for each period using the treasury stock method. Under the treasury stock method, the exercise price of an award, if any, the amount of compensation cost for future service that the Company has not yet recognized, if any, and the estimated tax benefits that would be recorded in paid-in capital, when an award is settled are assumed to be used to repurchase shares in the current period, if any. The incremental dilutive common share equivalents, calculated using the treasury stock method, for the three and six months ended March 31, 2013 were 41,007,000 and 41,235,000, respectively. The incremental dilutive common share equivalents, calculated using the treasury stock method, for the three and six months ended March 25, 2012 were 44,100,000 and 40,576,000, respectively.
Employee stock options to purchase approximately 326,000 and 486,000 shares of common stock during the three and six months ended March 31, 2013, respectively, and employee stock options to purchase approximately 504,000 and 2,488,000 shares of common stock during the three and six months ended March 25, 2012, respectively, were outstanding but not included in the calculation of diluted earnings per common share because the effect would be anti-dilutive. Put options outstanding during the three and six months ended March 25, 2012 to purchase 11,800,000 shares of common stock were not included in the earnings per common share computation because the put options’ exercise prices were less than the average market price of the common stock while they were outstanding, and therefore, the effect on diluted earnings per common share would be anti-dilutive. No put options were outstanding during the three and six months ended March 31, 2013. In addition, other common stock equivalents of 77,000 and 38,000 shares outstanding during the three and six months ended March 31, 2013, respectively, and 733,000 and 704,000 shares outstanding during the three and six months ended March 25, 2012, respectively, were not included in the computation of diluted earnings per common share because the effect would be anti-dilutive.
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