OPINIONS OF THE ACCOUNTING PRINCIPLES BOARD
Earnings per Share
CONTENTS Paragraph
Numbers
Introduction 1-4
Applicability 5-6
Historical Background 7-11
Opinion
Presentation on Face of Income Statement .... 12-16
Simple capital structures 14
Complex capital structures 15
Dual presentation 16
Periods Presented 17-18
Additional Disclosures 19-23
Capital structure 19
Dual earnings per share data 20-21
Supplementary earnings per share data 22-23
Primary Earnings per Share 24-39
Nature of common stock equivalents 25-27
Determination of common stock equivalents
at issuance 28-29
Issued by the Accounting Principles Board of the American Institute of Certified Public Accountants
COPYRIGHT 1969 BY THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS, INC. 666 FIFTH AVENUE, NEW YORK, NEW YORK 10019
MAY 1969
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