Analyzing Earnings Per Share Effects of Convertible Securities JetBlue Airways Corporation reports the following data in its 2014 10-K. The data relate to the corporations computation of its earnings per share calculations. (Dollar and share data are in millions.)

Numerator:		2014
Net income		$401
Effect of dilutive securities:
Interest on convertible debt, net of income taxes and profit sharing		7
Net income applicable to common stockholders after assumed
conversions for diluted earnings per share		$408

Denominator:
Weighted average shares outstanding for basic earnings per share		294.7
Effect of dilutive securities:
Employee stock options and restricted stock units		2.4
Convertible debt		46.2
Adjusted weighted average shares outstanding and assumed
conversions for diluted earnings per share		343.3

Round answers to two decimal places.

Calculate JetBlue's basic EPS. $Answer

Calculate JetBlue's diluted EPS. $Answer