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FINANCIALS
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Notes to Consolidated Financial Statements

 

NOTE >12 > EARNINGS PER SHARE

The following table sets forth the computations of basic and diluted earnings per share:

In each period, certain options were excluded from the computation of diluted earnings per share because they would have been antidilutive. At January 1, 2000, January 2, 1999 and January 3, 1998, options to purchase 11.9, 5.2 and 4.7 million shares of stock at prices ranging from $40 to $64, $52 to $64 and $47 to $64 per share were excluded from the 1999, 1998 and 1997 calculations, respectively.


  Annual Report 1999 

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1999 Sears, Roebuck and Co. - www.sears.com