Book Value Per Share definition
Book Value Per Share is the Bank’s equity capital (excluding FAS 115 and FAS 158 adjustment and Extraordinary Items) at the end of the Plan Year divided by the Plan’s number of Phantom shares of one million three hundred sixty thousand (1,360,000).
Book Value Per Share means, as of a particular date, Book Value on such date divided by the number of shares of FSA Stock outstanding (excluding treasury shares other than those owned to hedge obligations under the Company’s Deferred Compensation Plan(s) or Supplemental Executive Retirement Plan(s)) on such date.
Book Value Per Share as of the end of any fiscal year shall be equal to the quotient of X divided by Z, where X is equal to the sum of A, B, C, D and E minus F, and Z is equal to the sum of W plus Y: [(A+B+C+D+E-F) /(W+Y)]. For purposes of this calculation, (A) shall be equal to the Company's stockholders' equity as of the end of the fiscal year, as determined in accordance with generally accepted accounting principles and reported in the Company's audited financial statements, (B) shall be equal to the cumulative after-tax expense of the Company from January 1, 2008 through the end of such fiscal year arising from all the Awards made under the Plan, (C) shall be equal to the cumulative cash dividends on Company common stock declared by the Company from January 1, 2008 through the end of such fiscal year, (D) shall be equal to the cumulative cost of stock repurchases made by the Company from January 1, 2008 through the end of such fiscal year, (E) shall be equal to the cumulative after-tax imputed investment income that would have been earned on amounts paid with respect to such repurchases from January 1, 2008 through the end of the fiscal year (computed annually based on daily expenditures for stock repurchases and the average after-tax yield for each year on the Company's overall investment portfolio), (F) shall be equal to the accumulated other comprehensive income of the Company for such fiscal year, (W) shall be equal to the number of shares of the Company's common stock issued and outstanding, net of treasury shares, as of the end of the fiscal year, and (Y) shall be the cumulative number of shares of the Company's common stock repurchased by the Company from January 1, 2008 through the end of such fiscal year. Book Value Per Share shall be calculated without taking into account any forward or reverse split of the Company's common stock or any stock dividend declared on the Company's common stock and there shall be no adjustment to the number of Performance Units awarded hereunder in either event.
Examples of Book Value Per Share in a sentence
In the event that either the 2017 EBITDA or Actual 2016 Net Book Value Per Share is zero or a negative number, then 2017 EBITDA or Actual 2016 Net Book Value Per Share, as the case may be, shall be deemed to be 0.01 for the purposes of calculation of the adjustments.
The Performance Shares shall vest and become payable based on the performance and service requirements set forth in Sections 2(c) to 2(j) below and the definition of growth in diluted Book Value Per Share (“BVPS Growth”) set forth in Section 2(a) below.
On the Date of Issuance, the Units shall vest, and the Shares shall become issuable as determined based on the Company’s Adjusted ROTCE and Growth of Tangible Book Value Per Share Plus Common Dividends, each as defined on Appendix A, relative to the Peer Group, as defined on Appendix B, over a three-year performance period beginning on January 1, 2023 and ending on December 31, 2025 (the “Performance Period”) as certified by the Committee following the end of the Performance Period.
For members of the Peer Group who fail, are acquired, or cease to have publicly-traded shares before the conclusion of the Performance Period, their Adjusted ROTCE and Growth of Tangible Book Value Per Share Plus Common Dividends (“Adj ROTCE and GTBVPS+D”) through the time the independent company stops reporting GAAP financials will be frozen and this Adj ROTCE and GTBVPS+D measurement will serve as their final Adj ROTCE and GTBVPS+D measurement for the Performance Period.
Any distribution made pursuant to this Section shall be made in a manner consistent with Section 6.5, including, but not limited to, all notice and consent requirements of Code §§411(a)(11) and 417 and the Regulations thereunder.
More Definitions of Book Value Per Share
Book Value Per Share means the amount which would be payable on the Valuation Date in respect of one share of Class B Common Stock in the event of a dissolution, liquidation or winding-up of the affairs of the Company if the amount of assets available for distribution in the event of such dissolution, liquidation or winding-up with respect to all shares of capital stock of the Company outstanding (or deemed to be outstanding, as set forth above in the definition of "Book Value of the Company") on the Valuation Date were equal to the Book Value of the Company. In the event there has been a Stock Dividend after the Valuation Date and prior to the Election Date, the number of shares outstanding for purposes of determining Book Value Per Share shall be the number of shares that would have been outstanding immediately after the Stock Dividend on the Valuation Date had the Stock Dividend occurred on the Valuation Date.
Book Value Per Share means the net book value per share of Company Common Stock on the Determination Date, which shall be equal to a quotient, the numerator of which is the Book Value and the denominator of which is the number of issued and outstanding shares of Company Common Stock on the Determination Date.
Book Value Per Share means, as of a given date, the Common Stockholders’ Equity (as reflected in the Company’s most recent public filing with the U.S. Securities and Exchange Commission (the “SEC”)) divided by the number of outstanding shares of Common Stock as of the same date.
Book Value Per Share means the quotient of (a) (i) $25.00 plus (ii) the aggregate net income of the Company from and after the Closing Date (as decreased by any net losses from and after the Closing Date) excluding any one time costs and expenses charged to income associated with the Acquisition and any related transactions plus (iii) the aggregate dollar amount contributed to (or credited to common stockholders’ equity of) the Company after the Closing Date as equity of the Company (including consideration that would be received upon the exercise of all outstanding stock options and other rights to acquire Common Stock and the conversion of all securities convertible into Common Stock and other stock equivalents) plus (iv) to the extent reflected as deductions to Book Value Per Share in clause (ii) above, unusual or other items recognized by the Company (including, without limitation, extraordinary charges, and one time or accelerated write-offs of good will, net of the related impact on the provision for income taxes), in each case, if and to the extent determined in good faith by the Board, plus (v) the amortization of purchase accounting adjustments occurring as a result of the Acquisition, minus (vi) to the extent reflected as additions to Book Value Per Share in clause (ii) above, unusual or other items recognized by the Company, in each case, if and to the extent determined in good faith by the Board, minus (vii) the aggregate dollar amount of any dividends paid by the Company after the Closing Date, divided by (b) the sum of the number of shares of Common Stock then outstanding and the number of shares of Common Stock issuable upon the exercise of all outstanding stock options and other rights to acquire Common Stock. The items referred to in the calculations set forth in clauses (a)(ii) through (vii) of the immediately preceding sentence shall be determined in good faith, and to the extent possible, in accordance with generally accepted accounting principles applied on a basis consistent with any prior periods as reflected in the consolidated financial statements of the Company,
Book Value Per Share means, for the day or period with respect to which the Book Value per Share is being determined, the Book Value of the Common Stock determined in accordance with the provisions of Subsection 2(c).
Book Value Per Share means book value per share based on generally accepted accounting principles consistently applied excluding, in the Board of Directors' discretion, any extraordinary or unusual charges or credits such as one time write-offs of goodwill or similar events.
Book Value Per Share means the stockholders’ equity disclosed in the Company’s most recent Form 10-Q filing divided by the total shares of Common Stock outstanding disclosed in the Company’s most recent Quarterly Report on Form 10-Q.