intermediateaccountingearningspershare(编辑修改稿)

intermediateaccountingearningspershare(编辑修改稿)内容摘要：

0,000 7/1 to 12/31 300,000 6/12 225,000 375,000 2020 1/1 to 5/1 300,000 4/12 150,000 5/1 to 12/31 450,000 8/12 300,000 450,000 No. of Stock Portion of Weighted Date Shares Dividend Year Average (continues) Preferred Stock Included in Capital Structure 1824 In 2020, the firm made a ine, (including a $75,000 extraordinary gain) of $380,000. The basic earnings per share before the extraordinary gain is as follows: Preferred dividends Weightedaverage shares of mon stock outstanding $80,000 375,000 shares of Earnings per share from continuing operations = $ Net ine after EI – $305,000 (continues) Preferred Stock Included in Capital Structure 1825 Basic earnings per mon share, extraordinary gain for 2020 is as follows: Weightedaverage shares of mon stock outstanding 375,000 shares of Earnings per share from extraordinary gain = $ Extraordinary gain $75,000 (continues) Preferred Stock Included in Capital Structure 1826 Basic earnings per mon share, ine per share (2020): Weightedaverage shares of mon stock outstanding 375,000 shares of Net ine per share = $ Net ine after extraordinary item Preferred Dividend – $380,000 – $80,000 (continues) Preferred Stock Included in Capital Structure 1827 Weightedaverage shares of mon stock outstanding In 2020, the firm had a loss of $55,000 and there were no extraordinary items. The basic loss per share is as follows: Net loss + Preferred dividends ($55,000) + ($80,000) 450,000 shares of weightedaverage mon outstanding Basic loss per share = $() Preferred dividends are included even though they were not declared. Preferred Stock Included in Capital Structure 1828 Participating Securities and the TwoClass Method • Sometimes a pany issues more than one class of stock with ownership privileges. • The two classes do not always have the same claim upon dividends. • In such a case, earnings attributed to each share of the different classes of stock are different and EPS is puted using the twoclass method. (continues) 1829 Participating Securities and the TwoClass Method Consider the following data for Kay Company. • Common shares outstanding: 100,000 for the entire year • Participating preferred shares outstanding: 50,000 shares for the entire year • Net ine: $500,000 • Dividends on participating preferred shares: $ per share plus a pershare increase 50% as large as the pershare increase of mon dividends above $ per share. (continues) 1830 (continues) Participating Securities and the TwoClass Method • Common dividends paid for the year: $ per share making a total of $180,000 ($ per share 100,000 shares) • Participating preferred dividends paid for the year: $ per share making a total of $120,000 ($ per share 50,000 shares) 1831 Participating Securities and the TwoClass Method The undistributed earnings of $200,000 are allocated as follows: (continues) 1832 Participating Securities and the TwoClass Method The basic earnings per share amounts are puted and reported as follows: 1833 Diluted Earnings per Share— Options, Warrants, and Rights • Dilution occurs if inclusion of a potentially dilutive security reduces the basic EPS or increases the。