FAS 123 definition
Examples of FAS 123 in a sentence
Calculations and determinations must be made following GAAP (except with respect to monthly reports which do not comply with FAS 123).
Pro forma information follows (in thousands, except per share amounts): 2001 --------- 2000 -------- 1999 ------- Pro forma net loss under FAS 123 $(216,018) $(31,088) $(4,066) Net loss per share - pro forma under FAS 123: Basic and diluted.........................
The PROVIDING PARTY shall invoice the RECEIVING PARTY on a monthly basis in arrears for Corporate Service Fees, Transition Assistance Fees, and Total Allocated FAS 123 Charges, as calculated in accordance with Section 3.1 and Schedule 1.1(a) (it being understood that the Total Allocated FAS 123 Charges are non-cash items treated by RECEIVING PARTY as a contribution to capital by PROVIDING PARTY with no commensurate issuance of any equity in connection therewith).
Stock-Based Compensation Extreme has elected to follow APB Opinion No. 25, "Accounting for Stock Issued to Employees," in accounting for its employee stock options because, as discussed below, the alternative fair value accounting provided for under SFAS No. 123, "Accounting for Stock-Based Compensation," ("FAS 123") requires the use of option valuation models that were not developed for use in valuing employee stock options.
Pro forma information regarding net income and earnings per share is required by FAS 123.
PROVIDING PARTY shall invoice RECEIVING PARTY on a monthly basis in arrears for Corporate Service Fees, Transition Assistance Fees, and Total Allocated FAS 123 Charges, as calculated in accordance with Section 3.1 and Schedule 1.1(a) (it being understood that the Total Allocated FAS 123 Charges are non-cash items treated by RECEIVING PARTY as a contribution to capital by PROVIDING PARTY with no commensurate issuance of any equity in connection therewith).
In October 1995, the FASB released Statement of Financial Accounting Standard No. 123, "Accounting For Stock-Based Compensation" ("FAS 123"), which provides an alternative to APB 25.
Stock-Based Compensation Extreme accounts for its stock options and equity awards in accordance with the provisions of the Accounting Principles Board Opinion No. 25, "Accounting for Stock Issued to Employees," and has elected to follow the "disclosure only" alternative prescribed by SFAS No. 123, "Accounting of Stock-Based Compensation" ("FAS 123").
As allowed under FAS 123, the Company continues to account for its employee stock plans in accordance with the provisions of APB 25.
Companies not adopting the fair value based method of FAS 123 must present pro forma disclosures of net income and net income per-share as if this method had been applied.