Since the payment procedure for the issuance of 123,000 new shares as restricted stock compensation
plan, which was resolved at the meeting of its Board of Directors held on March 23, 2017, was completed on April 21, 2017, the number of all issued shares after the cancellation shall be 559,685,889 which is the same number of shares before the issuance of the new shares.
Partially offsetting this increase in net income was stock compensation
expense of USD 840,000, as stock awards were issued during the fourth quarter of 2016 pursuant to the stockholder-approved 2015 Restricted Stock Plan.
Auto Business News-February 18, 2015--General Motors' CEO receives stock compensation
The following data are drawn from the study's key findings related to stock compensation
and stock ownership guidelines.
This consensus provides additional guidance and clarification for the accounting treatment of stock compensation
awards that have a right of forfeiture or clawback during the post-performance period.
Non-GAAP net income excludes USD186,000 in amortisation of intangibles and USD806,000 in stock compensation
expense for Q4 2009, as well as USD186,000 in amortisation of intangibles and USD728,000 of stock compensation
expense for Q4 2008.
The results include $973,000 in stock compensation
expense, net of tax, an item that was not expensed in the prior-year quarter.
Charges related to new standards for stock compensation
, however, ate into net earnings, the company said.
The employee contested the computed value of the stock compensation
and did not include the amount in income; the company took a deduction under the safe-harbor provision.
In response to requests from investors and many other parties to improve the current accounting standards relating to employee stock compensation
in financial statements, the Financial Accounting Standards Board has published an exposure draft, Share-Based Payment, an Amendment of FASB Statements No.
The change in stock compensation
means employees will automatically receive actual shares of Microsoft stock over time instead of options - the right to purchase stock at a set price.
Also mentioned: fair value measurement, accounting for employee stock compensation
, stock options and accounting for business combinations.