noteS to conSolidated Financial StatementS The J. M. Smucker Company Note 6 eARningS PeR ShARe The following table sets forth the computation of net income per common share and net income per common share − assuming dilution under the two-class method. Year Ended April 30, 2013 2012 2011 Net income Net income allocated to participating securities Net income allocated to common stockholders Weighted-average common shares outstanding Dilutive effect of stock options Weighted-average common shares outstanding – assuming dilution Net income per common share Net income per common share – assuming dilution $544.2 4.7 $539.5 107,881,519 23,256 107,904,775 $ 5.00 $ 5.00 $459.7 4.2 $455.5 112,212,677 49,616 112,262,293 $ 4.06 $ 4.06 $479.5 4.7 $474.8 117,009,362 110,335 117,119,697 $ 4.06 $ 4.05 The following table reconciles the weighted-average common shares used in the basic and diluted earnings per share disclosures to the total weighted-average shares outstanding. Year Ended April 30, 2013 2012 2011 Weighted-average common shares outstanding Weighted-average participating shares outstanding Weighted-average shares outstanding Dilutive effect of stock options Weighted-average shares outstanding – assuming dilution 107,881,519 946,378 108,827,897 23,256 108,851,153 112,212,677 1,051,274 113,263,951 49,616 113,313,567 117,009,362 1,156,389 118,165,751 110,335 118,276,086 56 The J. M. Smucker Company