Student Notes, Stock based compensation(19)

Passage of time or 2 attainment of a certain earnings

Info icon This preview shows pages 31–35. Sign up to view the full content.

View Full Document Right Arrow Icon
passage of time or  2. attainment of a certain earnings or market price level. Earnings Per Share Earnings Per Share Earnings Per Share Earnings Per Share Antidilution Revisited If a conversion is antidilutive, then don’t include it.
Image of page 31

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Chapter 19-32 EPS Presentation and Disclosure A company should show per share amounts for:  income from continuing operations,  income from extraordinary items, and  net income. Per share amounts for a discontinued operation or an extraordinary  item should be presented on the face of the income statement or in  the notes. Earnings Per Share Earnings Per Share Earnings Per Share Earnings Per Share
Image of page 32
Chapter 19-33 Earnings Per Share - IAS 33 Earnings Per Share - IAS 33 Earnings Per Share - IAS 33 Earnings Per Share - IAS 33 Similar calculations and disclosures as US GAAP Diluted EPS calculated using treasury stock method Differences Extent of disclosure requirements Detailed calculation of diluted EPS
Image of page 33

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Chapter 19-34 EPS Disclosure EPS Disclosure EPS Disclosure EPS Disclosure Similar Basic & diluted EPS for continuing operations and net income/loss disclosed on face of income statement Required for publicly traded companies and those in the process of issuing stock for public trade US GAAP Additional disclosures (on income statement or in notes): Discontinued operations Extraordinary items Cumulative effect of change in accounting policy
Image of page 34
Chapter 19-35 Diluted EPS Calculation Diluted EPS Calculation Diluted EPS Calculation Diluted EPS Calculation Details of calculation IFRS Calculate annual incremental shares using weighted average for the year US GAAP Annual incremental shares computed using weighted average of quarterly calculations Contracts settled in cash or shares IFRS Assumes contract will be settled in shares US GAAP Begins with IFRS assumption, but allows exception if reasonable evidence to the contrary
Image of page 35
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern