Wiley GAAP: Financial Statement Disclosure Manual

10ASC 260 EARNINGS PER SHARE

1. Authoritative Literature
   1. Subtopic
   2. Scope and Scope Exceptions
   3. Introduction
      1. Basic EPS Calculation
2. Practice Alert
3. Presentation and Disclosure Requirements
4. Comprehensive Example
   1. Diluted EPS (DEPS)
   2. Note X: Earnings Per Share (Illustrative Disclosure Based on Facts from the Example)
5. Presentation and Disclosure Examples
   1. Example 10.1: Earnings (Loss) Per Share Attributable to Common Stockholders
   2. Example 10.2: Exclusion of Shares with Antidilutive Effects
   3. Basic and Diluted Earnings Per Share
   4. Example 10.3: Discontinued Operations
   5. Example 10.4: Beneficial Conversion

AUTHORITATIVE LITERATURE

Subtopic

ASC 260, Earnings Per Share, consists of one Subtopic:

• ASC 260‐10, Overall, which provides the guidance for computation, presentation, and disclosure for earnings per share (EPS) for entities with publicly held common stock or potential common stock.
• This Subtopic also offers guidance on EPS and recognition and measurement of the effect of a down‐round feature when it is triggered.

  (ASC 260‐10‐05‐1 and 05‐1A)

• This Subtopic includes master limited partnership subsections that clarify the application to master limited partnership of the Other Presentation Matters subsection.

  (ASC 260‐10‐05‐1 and 05‐1A)

Scope and Scope Exceptions

ASC 260 applies to entities:

• Whose common stock or potential common stock is traded in a public market, or
• Who have made a filing or are in the process of making a filing to trade their stock publicly.

  (ASC 260‐10‐15‐2) ...