Adjusted EPS definition
Examples of Adjusted EPS in a sentence
The performance payout range for each of the Three-Year Cumulative Adjusted EBITDA and Three-Year Cumulative Adjusted EPS is 0 percent to 167 percent of the Target Number of Units Granted.
Adjusted EPS shall be calculated by subtracting After-Tax Net Capital Gains (Losses) (as defined below) from the Company’s net income for the year, and then dividing the resulting amount by the Company’s diluted weighted-average common shares outstanding for the year.
For each $0.01 increase in the applicable fiscal year's Adjusted EPS above $2.50, the Annual Bonus shall be increased by an amount equal to one percent of Executive's Base Salary, provided that in no event shall the Annual Bonus be greater than three times Executive's Base Salary.
The extent to which the Participant will earn the Adjusted EPS Units is based on the Company’s cumulative adjusted EPS for the Performance Period compared to the cumulative adjusted EPS Target established by the Committee for the Performance Period as shown in the chart below (with the Threshold, Above Threshold, Target, Above Target and Maximum cumulative adjusted EPS amounts to be set forth on a separate exhibit which will be provided to the Participant).
Upon achievement of an Adjusted EPS of $2.50, the Annual Bonus shall equal fifty percent (50%) of his Base Salary (the "Base Bonus").