FDEPS definition

FDEPS means the fully diluted earnings per share with respect to any fiscal year (which shall equal the Net Income After Taxes (as defined herein) divided by the Fully Diluted Common Stock Outstanding (as hereinafter defined). Net Income After Taxes shall mean the net income of the Company and its consolidated subsidiaries (determined on a consolidated basis for such periods in accordance with generally accepted accounting principles applied consistently with the Company's audited financial statements), but excluding the effect of any extraordinary or other material non-recurring gain (but not loss) outside the ordinary course of business ("Consolidated Net Income").
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Examples of FDEPS in a sentence

  • Should the Company's FDEPS for Fiscal 2014 equal $[ ] (the "Fiscal 2014 Target Amount of FDEPS"), then the portion of the Performance Units granted pursuant to the Agreement related to the Company's Fiscal 2014 Performance Period shall be settled by the issuance to the Custodian for the benefit of the Grantee of [ ] shares of the Restricted Stock in accordance with Section 1(b) of the Agreement.

  • Should the Company's FDEPS for Fiscal 2015 equal $[ ] (the "Fiscal 2015 Target Amount of FDEPS"), then the portion of the Performance Units granted pursuant to the Agreement related to the Company's Fiscal 2015 Performance Period shall be settled by the issuance to the Custodian for the benefit of the Grantee of [ ] shares of the Restricted Stock in accordance with Section 1(b) of the Agreement.

  • Should the Company's FDEPS for Fiscal 2014 be equal to or greater than [ ] (the "Fiscal 2014 Maximum Amount of FDEPS"), then the portion of the Performance Units granted pursuant to the Agreement related to the Company's Fiscal 2014 Performance Period shall be settled by the issuance to the Custodian for the benefit of the Grantee of [ ] shares of the Restricted Stock in accordance with Section 1(b) of the Agreement.

  • Greater than [$ ] but equal to or less than [$ ] then the Restricted Unit shall be settled by the issuance of the number of shares of Restricted Stock to the Grantee equal to the pro rata calculation of a range between 57.2% and 100% of the Restricted Units which correlates to the FDEPS amount that falls within the range of [$ ] and [$ ] FDEPS.

  • Should the Company's FDEPS for Fiscal 2016 be equal to or greater than $[ ] (the "Fiscal 2016 Maximum Amount of FDEPS"), then the portion of the Performance Units granted pursuant to the Agreement related to the Company's Fiscal 2016 Performance Period shall be settled by the issuance to the Custodian for the benefit of the Grantee of [ ] shares of the Restricted Stock in accordance with Section 1(b) of the Agreement.

  • Should the Company's FDEPS for Fiscal 2016 equal $[ ] (the "Fiscal 2016 Target Amount of FDEPS"), then the portion of the Performance Units granted pursuant to the Agreement related to the Company's Fiscal 2016 Performance Period shall be settled by the issuance to the Custodian for the benefit of the Grantee of [ ] shares of the Restricted Stock in accordance with Section 1(b) of the Agreement.

  • Should the Company's FDEPS for Fiscal 2015 be equal to or greater than $[ ] (the "Fiscal 2015 Maximum Amount of FDEPS"), then the portion of the Performance Units granted pursuant to the Agreement related to the Company's Fiscal 2015 Performance Period shall be settled by the issuance to the Custodian for the benefit of the Grantee of [ ] shares of the Restricted Stock in accordance with Section 1(b) of the Agreement.