Reconciliations of Net Income and Diluted EPS
to Adjusted Net Income and Adjusted Diluted EPS
15 diluted EPS
, for the quarter ended September 30, 2013.
However, the FASB staff has resolved the problem in Topic 62 of the EITF Abstracts: The calculation of diluted EPS
for the year-to-date period should include dilutive potential common shares for all quarters on a quarterly weighted-average basis.
Opinion 15 required that entities with a complex capital structure present a dual presentation of both primary and fully diluted EPS
on the face of the income statement.
The new standard, which is applicable to financial statements for periods that ended after December 15, 1997, requires that companies report Basic EPS and Diluted EPS
Altria is redefining adjusted diluted EPS
to also exclude charges for tobacco and health judgments
Non-GAAP diluted EPS
for the third quarter of 2014 increased 23% to $0.
55 diluted EPS
in the fourth quarter of 2013, and up 48.
Any company with potential common shares has a complex capital structure and must disclose both basic and diluted EPS
Companies with a simple capital structure present BASIC EPS while those with a complex capital structure present primary and fully diluted EPS
Raising 2014 revenue guidance to $455-$465 million and non-GAAP diluted EPS
guidance to $2.
11 fully diluted EPS
in the fourth quarter of 2010.