Basic EPS definition

Basic EPS means basic earnings (loss) per share, calculated by dividing net income (loss) available to common shareholders by the average common shares outstanding during the period.
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Basic EPS reflects no dilution from common stock equivalents, and "diluted EPS" reflects dilution from common stock equivalents and other dilutive securities based on the average price per share of the Company's common stock during the period. Cardmember Rewards Cardmember rewards, primarily the Cashback Bonus(R) award, pursuant to which the Company annually pays Discover Card cardmembers and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ Card cardmembers electing this feature a percentage of their purchase amounts ranging up to 1%, are based upon a cardmember's annual level and type of purchases. The liability for cardmember rewards expense, included in other liabilities and accrued expenses, is accrued at the time that qualified cardmember transactions occur and is calculated on an individual cardmember basis. Stock-Based Compensation SFAS No. 123, "Accounting for Stock-Based Compensation" encourages, but does not require, companies to record compensation cost for stock-based employee compensation plans at fair value. The Company accounts ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ & CO. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(Continued) for its stock-based compensation plans using the intrinsic value method prescribed by Accounting Principles Board ("APB") Opinion No. 25, "Accounting for Stock Issued to Employees." Under the provisions of APB No. 25, compensation cost for stock options is measured as the excess, if any, of the quoted market price of the Company's common stock at the date of grant over the amount an employee must pay to acquire the stock. Translation of Foreign Currencies Assets and liabilities of operations having non-U.S. dollar functional currencies are translated at year-end rates of exchange, and income statement accounts are translated at weighted average rates of exchange for the year. In accordance with SFAS No. 52, "Foreign Currency Translation," gains or losses resulting from translating foreign currency financial statements, net of hedge gains or losses and related tax effects, are reflected in cumulative translation adjustments, a separate component of shareholders' equity. Gains or losses resulting from foreign currency transactions are included in net income. Goodwill and Other Intangible Assets Goodwill and other intangible assets are amortized on a straight-line basis over periods from five to 40 years, generally not exceeding 25 years, and are periodically evaluated for impairment. At November 30, 2000 and 1999, goodwill and other intangible assets of approximat...
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Examples of Basic EPS in a sentence

  • Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period.

  • Such determinations, whether made upon such a question actually raised or implied in the acts or proceedings of the Trustee, shall be conclusive and shall bind the Trustee and the Holders.

  • Basic EPS, unlike primary EPS, excludes dilution and is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period.

  • The following is a reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share computations: FOR THE YEAR ENDED DECEMBER 31, 2002 --------------------------------------- INCOME SHARES PER SHARE NUMERATOR (DENOMINATOR) AMOUNT ------------- --------- (IN THOUSANDS) Basic EPS Net income available to common stockholders.............

  • Basic EPS differs ▇▇▇▇ ▇▇▇▇▇ry EPS calculation in that basic EPS does not include any potentially dilutive securities.

  • EARNINGS PER SHARE INFORMATION The following is a reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share computations: FOR THE YEAR ENDED DECEMBER 31, 2001 ------------------------------------- INCOME (NUMERATOR) SHARES DENOMINATOR PER SHARE AMOUNT ----------- ----------- (IN THOUSANDS) --------- Basic EPS Net income available to common stockholders..............

  • Basic EPS excludes dilution and is computed by dividing net income or loss by the weighted average number of common shares outstanding during the period.

  • Basic EPS is calculated by dividing the profit/(loss) for the period attributable to ordinary equity shareholders of the Company by the weighted average number of Equity shares outstanding during the period.

  • Basic EPS is calculated by dividing the profit or loss attributable to ordinary shareholders of the Company by weighted average number of ordinary shares outstanding during the year.

  • Basic EPS is computed as net income (loss) applicable to common stockholders divided by the weighted average number of common shares outstanding for the period.