6.10 Calculation of Earnings per Share When There Is a Noncontrolling Interest
ASC 260-10
45-11A
For purposes of computing EPS in consolidated financial
statements (both basic and diluted), if one or more
less-than-wholly-owned subsidiaries are included in the
consolidated group, income from continuing operations and
net income shall exclude the income attributable to the
noncontrolling interest in subsidiaries. . . .
When calculating consolidated EPS, a reporting entity should exclude net income
attributable to noncontrolling interests. That is, as a starting point, the
numerator of the reporting entity’s EPS calculation should be based on net income
attributable to the parent’s shareholders, as determined in accordance with the
guidance discussed in Sections 6.2
through 6.9.