To determine the constituents of the 2014 bank honor roll, KBW said it analyzed 10 years of fully diluted net income per share
before extraordinary items for nearly 400 publicly traded banking institutions with at least USD500 million in total assets as of year-end 2014.
Net income per share
and non-GAAP net income per share
1: For the third quarter, fully diluted net income per share
Second-quarter adjusted net income per share
increased to $0.
In addition to having $500 million or more in total assets, KBW Honor Roll members had to meet the following three conditions: 1) No annual loss reported in net income per share
before extraordinary items over the past 10 years; 2) 2010 annual reported net income per-share before extraordinary items must have been equal to or greater than peak net income per-share over the past 10 years and 3) consecutive increases in net income per-share before extraordinary items since 2009.
The presentation of non-GAAP net income and non-GAAP net income per share
is not meant to be a substitute for "net income" or "net income per share
", presented in accordance with GAAP, but rather should be evaluated in conjunction with net income and net income per share
Net income per share
from continuing operations for the second quarter of 2008 was $0.
4m, pre-tax payment to unwind the remaining USD100m interest rate collar on its revolving credit facility balance, resulting in a lower reported diluted net income per share
by about USD0.
11 diluted income per share
for the quarter ended 31 December 2009.
Such forward-looking statements may relate, among other things, to: the Company's position in the session border control market; the Company's expected financial and operating results, including expected revenue and net income per share
(on both a GAAP and non-GAAP basis) for fiscal year 2007; the amount and impact of stock-based compensation charges; the Company's definition of "non-GAAP net income" and/or "non-GAAP net income per share
"; the Company's ability to build and expand deployments; the benefits of the Company's products and services, including the benefits of the Company's Connected Universe program, and the results of the Global MSF Interoperability testing; the benefits to the Company and each of Arcor AG & Co.
Bergeron may earn up to 900,000 restricted stock units over a three year period based upon consistent and continuous above-standard growth in the company's net income per share
as adjusted and its share price.
During the nine months ended September 30, 2006, the Company reported a net income to common shareholders of $703,952 or a net income per share
applicable to the common shareholder of $0.
Basic net income per share
for the three and nine months ended September 30, 2006 are $0.