ASC 260 Earnings Per Share
E453783
ASC 260 Earnings Per Share is a U.S. GAAP accounting standard that provides guidance on the calculation, presentation, and disclosure of basic and diluted earnings per share for entities with publicly traded common stock or potential common stock.
All labels observed (1)
| Label | Occurrences |
|---|---|
| ASC 260 Earnings Per Share canonical | 1 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
FASB Accounting Standards Codification Topic
ⓘ
U.S. GAAP accounting standard ⓘ |
| addresses |
treatment of contingently issuable shares in EPS
ⓘ
treatment of contracts that may be settled in stock or cash ⓘ treatment of convertible debt in diluted EPS ⓘ treatment of convertible preferred stock in diluted EPS ⓘ treatment of participating securities ⓘ treatment of stock options and warrants in diluted EPS ⓘ |
| appliesTo |
entities that file financial statements with the SEC
ⓘ
entities with potential common stock ⓘ entities with publicly traded common stock ⓘ public business entities ⓘ |
| classification | Topic 260 in the FASB Codification NERFINISHED ⓘ |
| defines |
basic earnings per share
ⓘ
contingently issuable shares ⓘ diluted earnings per share ⓘ incremental shares ⓘ potential common stock ⓘ |
| governs | earnings per share ⓘ |
| hasShortName | ASC 260 NERFINISHED ⓘ |
| interactsWith |
ASC 480 Distinguishing Liabilities from Equity
NERFINISHED
ⓘ
ASC 718 Compensation—Stock Compensation NERFINISHED ⓘ |
| isRelevantFor |
companies with complex capital structures
ⓘ
publicly traded companies ⓘ |
| issuedBy | Financial Accounting Standards Board NERFINISHED ⓘ |
| objective |
to improve comparability of earnings per share information
ⓘ
to provide transparent information about the effect of potential common stock on EPS ⓘ |
| partOf | FASB Accounting Standards Codification NERFINISHED ⓘ |
| prohibits | inclusion of antidilutive potential common shares in diluted EPS ⓘ |
| providesGuidanceOn |
basic earnings per share
ⓘ
calculation of earnings per share ⓘ diluted earnings per share ⓘ disclosure of earnings per share ⓘ presentation of earnings per share ⓘ |
| requires |
consistent application of EPS computation methods between periods
ⓘ
separate EPS amounts for income from continuing operations and net income ⓘ use of the two-class method for participating securities ⓘ |
| requiresDisclosureOf |
description of securities that could dilute EPS but were antidilutive for the period
ⓘ
instruments that could potentially dilute earnings per share in the future ⓘ methods and assumptions used in computing EPS ⓘ reconciliation of numerators and denominators of basic and diluted EPS ⓘ |
| requiresPresentationOf |
basic earnings per share on the face of the income statement
ⓘ
diluted earnings per share on the face of the income statement ⓘ |
| requiresUseOf |
income from continuing operations as a component of EPS
ⓘ
weighted-average number of common shares outstanding ⓘ |
| supersededPreviousGuidanceFrom | APB Opinion No. 15 NERFINISHED ⓘ |
| uses |
if-converted method for certain convertible instruments
ⓘ
treasury stock method for options and warrants ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.