References in periodicals archive ?
Primary earnings per share were USD0.54 for second quarter 2009 compared to USD0.56 per share for second quarter 2008.
128 replaces "primary earnings per share" with "basic earnings per share." Basic earnings per share is determined from historical data and measures the earnings per common share for the accounting period.
128 eliminates primary earnings per share and, as a result, also eliminates several tests for common stock equivalency.
A major concern was the concept of common stock equivalents in computing primary earnings per share (EPS).
It also requires entities with complex capital structures to report two earnings per share figures, referred to as "primary earnings per share" and "fully-diluted earnings per share." These requirements for entities with complex capital structures were a primary source of dissatisfaction with current requirements for earnings per share.
To do so would alter the primary earnings per share computation, which is based on consideration of common stock equivalents, to a basic earnings per share computation based on the weighted average number of shares for the period.
* Primary earnings per share calculations would consider only those dilutive common stock equivalents expected to vest.
That was down from last year's third-quarter net income of $4.4 million, 30 cents in primary earnings per share (29 cents fully diluted).
Companies that do have dilutive securities are required to present two EPS figures, primary earnings per share and fully diluted earnings per share.
15 as amended and interpreted), require public enterprises with complex capital structures (includes securities that could have a dilutive effect on earnings per share) to present primary earnings per share (net income divided by common stock and common stock equivalent shares outstanding) as well as fully diluted earnings per share.
accounting rules call for the presentation of primary earnings per share (net income/ common stock + common stock equivalents outstanding) and fully diluted earnings per share.
When primary earnings per share (EPS) are being computed, should the dividends on preferred stock held by an ESOP be deducted from net income (net of any applicable income tax benefit)?