9.2 Disclosure
This section details the EPS-related disclosure requirements under
U.S. GAAP (ASC 260 and other Codification topics) and is supplemented by discussion
of various EPS-related disclosures required by the SEC’s guidance. However, this
section does not comprehensively address all per-share disclosures that SEC
registrants must provide in filings made under the Securities Act or Exchange Act.
Accordingly, SEC registrants should consult SEC Regulations S-X and S-K, as well as
other relevant SEC guidance, regarding per-share disclosure requirements.
This section also discusses voluntary disclosures of other per-share
metrics. Appendix B
discusses pro forma EPS disclosures in SEC filings.
9.2.1 Disclosures Required by ASC 260
9.2.1.1 General
ASC 260-10
General
50-1 For each period for
which an income statement is presented, an entity
shall disclose all of the following:
- A reconciliation of the numerators and the denominators of the basic and diluted per-share computations for income from continuing operations. The reconciliation shall include the individual income and share amount effects of all securities that affect earnings per share (EPS). Example 2 (see paragraph 260-10-55-51) illustrates that disclosure. (See paragraph 260-10-45-3.) An entity is encouraged to refer to pertinent information about securities included in the EPS computations that is provided elsewhere in the financial statements as prescribed by Subtopic 505-10.
- The effect that has been given to preferred dividends in arriving at income available to common stockholders in computing basic EPS.
- Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic EPS in the future that were not included in the computation of diluted EPS because to do so would have been antidilutive for the period(s) presented. Full disclosure of the terms and conditions of these securities is required even if a security is not included in diluted EPS in the current period.
Pending
Content (Transition Guidance: ASC 105-10-65-7)
50-1 For each period
for which an income statement is presented,
including interim periods, an entity shall
disclose all of the following:
- A reconciliation of the numerators and the denominators of the basic and diluted per-share computations for income from continuing operations. The reconciliation shall include the individual income and share amount effects of all securities that affect earnings per share (EPS). Example 2 (see paragraph 260-10-55-51) illustrates that disclosure. (See paragraph 260-10-45-3.) An entity is encouraged to refer to pertinent information about securities included in the EPS computations that is provided elsewhere in the financial statements as prescribed by Subtopic 505-10.
- The effect that has been given to preferred dividends in arriving at income available to common stockholders in computing basic EPS.
- Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic EPS in the future that were not included in the computation of diluted EPS because to do so would have been antidilutive for the period(s) presented. Full disclosure of the terms and conditions of these securities is required even if a security is not included in diluted EPS in the current period.
- The methods used in the diluted EPS computation for each type of dilutive instrument (for example, treasury stock method, if-converted method, two-class method, or reverse treasury stock method).
50-1A Per-share amounts not
required to be presented by this Subtopic that an
entity chooses to disclose shall be computed in
accordance with this Subtopic and disclosed only in
the notes to financial statements; it shall be noted
whether the per-share amounts are pretax or net of
tax. (See paragraph 260-10-45-5.)
50-2 For the latest period
for which an income statement is presented, an
entity shall provide a description of any
transaction that occurs after the end of the most
recent period but before the financial statements
are issued or are available to be issued (as
discussed in Section 855-10-25) that would have
changed materially the number of common shares or
potential common shares outstanding at the end of
the period if the transaction had occurred before
the end of the period. Examples of those
transactions include the issuance or acquisition of
common shares; the issuance of warrants, options, or
convertible securities; the resolution of a
contingency pursuant to a contingent stock
agreement; and the conversion or exercise of
potential common shares outstanding at the end of
the period into common shares.
An entity that has multiple classes of common stock must
provide the disclosures required by ASC 260-10-50-1 and 50-2 separately for
each of these classes.
The example in ASC 260-10-55-51 and 55-52 below illustrates
the reconciliation of the numerators and denominators in the calculations of
basic and diluted EPS, which an entity is required to disclose under
ASC 260-10-50-1.
ASC 260-10
Example 2: EPS
Disclosures
55-51 This Example
illustrates the reconciliation of the numerators and
denominators of the basic and diluted EPS
computations for income from continuing operations
and other related disclosures required by paragraph
260-10-50-1 for Entity A in Example 1. Note that
Topic 718 has specific disclosure requirements
related to share-based compensation
arrangements.
Pending
Content (Transition Guidance: ASC 105-10-65-7)
55-51 This Example illustrates the
reconciliation of the numerators and denominators
of the basic and diluted EPS computations for
income from continuing operations and other
related disclosures required by paragraph
260-10-50-1 for Entity A in Example 1. This
disclosure is required in both interim and annual
periods. Note that Topic 718 has specific
disclosure requirements related to share-based
compensation arrangements.
55-52 The following table
illustrates the computation of basic and diluted EPS
for the year ended 20X1.
Options to purchase 1,000,000
shares of common stock at $85 per share were
outstanding during the second half of 20X1 but were
not included in the computation of diluted EPS
because the options’ exercise price was greater than
the average market price of the common shares. The
options, which expire on June 30, 20Y1, were still
outstanding at the end of year 20X1.
Pending
Content (Transition Guidance: ASC 105-10-65-7)
55-52 The following
table illustrates the computation of basic and
diluted EPS for the year ended 20X1.
SEC Considerations
SEC Regulation S-X, Rule 10-01(b)(2), states that in
interim reports, “[t]he basis of the earnings per share computation
shall be stated together with the number of shares used in the
computation.” Furthermore, SEC Regulation S-K, Item 302(a), requires
disclosure of EPS information “[w]hen there are one or more material
retrospective changes to the statements of comprehensive income for
any of the quarters within the two most recent fiscal years or any
subsequent interim period for which financial statements are
included or are required to be included.”
9.2.1.2 Master Limited Partnerships
ASC 260-10
Master Limited
Partnerships
50-3 In the period in which a
dropdown transaction occurs that is accounted for
under the Transactions Between Entities Under Common
Control Subsections of Subtopic 805-50, a reporting
entity shall disclose in narrative format how the
rights to the earnings (losses) of the transferred
net assets differ before and after the dropdown
transaction occurs for purposes of computing
earnings per unit under the two-class method.
See Section 8.9.4 for a discussion of the accounting for
drop-down transactions by an MLP.
9.2.1.3 Shareholder Distributions and Changes in Capital Structure
ASC 260-10
Stock Dividends or Stock Splits
55-12 If the number of common
shares outstanding increases as a result of a stock
dividend or stock split (see Subtopic 505-20) or
decreases as a result of a reverse stock split, the
computations of basic and diluted EPS shall be
adjusted retroactively for all periods presented to
reflect that change in capital structure. If changes
in common stock resulting from stock dividends,
stock splits, or reverse stock splits occur after
the close of the period but before the financial
statements are issued or are available to be issued
(as discussed in Section 855-10-25), the per-share
computations for those and any prior-period
financial statements presented shall be based on the
new number of shares. If per-share computations
reflect such changes in the number of shares, that
fact shall be disclosed.
ASC 260-10-55-12 requires entities to disclose a
retrospective adjustment of previously reported amounts of basic and diluted
EPS as a result of a stock split, stock dividend, or reverse stock split.
While an entity is not specifically required to provide similar disclosures
when previously reported amounts of basic and diluted EPS have been
retrospectively adjusted as a result of a rights issue, the entity should
nevertheless furnish such disclosures.
As discussed in Section 8.2.1.1.2, an entity may file
a Form 10-K or Form 10-Q that does not reflect the impact on equity balances
and EPS of a stock dividend, stock split, or reverse stock split that has
been approved by an SEC registrant’s board of directors and declared before
the issuance of the financial statements (i.e., filing of Form 10-K or Form
10-Q), because the common stock does not yet trade on a post-split basis as
of the filing date (i.e., the stock dividend, stock split, or reverse stock
split has not been consummated as of the filing date). In these
circumstances, SEC registrants should provide relevant disclosures in the
notes to the financial statements, including the following:
-
The significant terms and other relevant facts and circumstances associated with the stock dividend, stock split, or reverse stock split, including the expected timing of the distribution.
-
The impact that the stock dividend, stock split, or reverse stock split will have on the authorized and issued shares of common stock (and other equity accounts affected).
-
The impact that the stock dividend, stock split, or reverse stock split will have on reported EPS.
SEC Considerations
Section 13500 of the FRM states, in part,
“Ordinarily, the staff would not require retrospective revision of
previously filed financial statements that are incorporated by
reference into a registration or proxy statement for reasons solely
attributable to a stock split. Instead, the registration or proxy
statement may include selected financial data which includes
relevant per share information for all periods, with the stock split
prominently disclosed.” While this guidance refers only to stock
splits, it would apply equally to a stock dividend or reverse stock
split that must be retrospectively adjusted under ASC 260.
Note that this view of the SEC staff typically only
applies when financial statements are incorporated by reference into
a registration statement or proxy statement; an SEC registrant would
generally be expected to retrospectively revise historical financial
statements for a stock split, stock dividend, or reverse stock split
when financial statements are included in a registration statement
or proxy statement.
9.2.1.4 Prior-Period Adjustments
ASC 260-10
Prior-Period Adjustments
55-15 If authoritative
literature requires that a restatement of the
results of operations of a prior period be included
in the income statement or summary of earnings, then
EPS data given for the prior period or periods shall
be restated. The effect of the restatement,
expressed in per-share terms, shall be disclosed in
the period of restatement.
A correction of an error in previously reported financial
statements is subject to the disclosure guidance in ASC 260-10-55-15 and
ASC 250-10-50-7 through 50-11 (see Section 9.2.2.2).
9.2.2 Disclosures Required by Other Codification Topics
9.2.2.1 Discontinued Operations
ASC 205-20-50-5B and 50-5C, along with ASC 260-10-45-3 and
ASC 270-10-50-7(k), require entities to disclose the effects of discontinued
operations on EPS.
9.2.2.2 Accounting Changes and Error Corrections
ASC 250 describes four types of accounting changes: (1)
change in accounting principle, (2) change in accounting estimate, (3)
change in reporting entity, and (4) correction of an error in previously
issued financial statements (i.e., a restatement). Entities are required to
provide specific disclosures, including certain EPS-related disclosures, for
each of these types of changes. The table below summarizes the EPS-related
disclosure requirements in ASC 250.
Table
9-1
Type | Codification References | Disclosure Requirement(s) |
|---|---|---|
Change in accounting principle | ASC 250-10-50-1(b)(2), ASC 250-10-50-1(c), and
ASC 250-10-50-3 | Entities should disclose the “effect of the
[retrospective application of the] change [in
accounting principle] on . . . any affected
per-share amounts for the current period and any
prior periods retrospectively adjusted.” Entities that recognize indirect
effects of a change in accounting principle should
disclose a “description of the indirect effects . .
. and the related per-share amounts” for the current
period and each prior period presented. “In the fiscal year in which a new
accounting principle is adopted, financial
information reported for interim periods after the
date of adoption shall disclose the effect of the
change on . . . related per-share amounts . . . for
those post-change interim periods.” |
Change in accounting estimate | ASC 250-10-50-4 | Entities should disclose the “effect on . . . any
related per-share amounts of the current period . .
. for a change in estimate that affects several
future periods.” “When an
entity effects a change in estimate by changing an
accounting principle, the disclosures required by
paragraphs 250-10-50-1 through 50-3 [for a change in
accounting principle] also are required.”
|
Change in reporting entity | ASC 250-10-50-6 | “When there has been a change in the reporting entity, the financial statements
. . . shall describe the nature of the change and
the reason for it [and] . . . the effect of the
change on . . . any related per-share amounts shall
be disclosed for all periods presented.” |
Correction of an error in previously issued
financial statements | ASC 250-10-50-7 and ASC 250-10-50-11 | Previously Issued Financial
Statements
When an entity has corrected an
error by restating financial statements, it should
disclose the “effect of the correction on . . . any
per-share amounts affected for each prior period
presented.” Prior Interim Periods of the
Current Fiscal Year
“In financial reports for the
interim period in which the adjustment [to prior
interim periods of the current fiscal year] occurs,
disclosure shall be made of . . . [t]he effect [of
the restatement on] related per-share amounts for
each prior interim period of the current fiscal year
[and the] related per-share amounts for each prior
interim period restated.” |
SEC Considerations
SEC Regulation S-K, Item 302(a)(1), and SEC
Regulation S-X, Rule 10-01(b)(7), require registrants to provide
additional disclosures when material retrospective prior-period
adjustments have been made in interim financial statements.
9.2.2.3 Convertible Debt
An entity that has entered into a lending arrangement on its
own shares in conjunction with a convertible debt issuance is subject to the
disclosure requirements in ASC 470-20-50-2A through 50-2C. For example,
ASC 470-20-50-2C may require an entity to disclose the number of common
shares related to a share-lending arrangement that would be reflected in
basic and diluted EPS if the counterparty to the arrangement were to
default. See Section
8.5 for further discussion of own-share lending
arrangements.
9.2.2.4 Participating Securities
ASC 260-10-55-24 indicates that the participation rights of
a participating security must be disclosed in accordance with ASC 505-10,
regardless of whether undistributed earnings are allocated to the
participating security. In addition, when EPS is not separately presented
for participating securities, the amount of earnings allocated to such
securities should be disclosed, as a reconciling item, in the disclosures
related to the calculation of basic EPS. See also Sections 5.5.1.1 and 5.5.2.3 for
discussion of certain accounting policies related to participating
securities that should be disclosed.
9.2.2.5 Employee Stock Ownership Plans
An employer that sponsors an employee stock ownership plan
is subject to the disclosure requirements in ASC 718-40-50-1. Required
disclosures include a description of the treatment of ESOP plan shares in
EPS computations and the amount and treatment in EPS calculations of the tax
benefit related to dividends paid to any ESOP, if material. In complying
with the disclosure requirement in ASC 718-40-50-1(b), if an employer has
both grandfathered ESOP shares to which it continues to apply SOP 76-3 and
ESOP shares that are accounted for under ASC 718-40, the accounting policies
for both blocks of shares should be disclosed. An entity should also
separately disclose the EPS treatment for each block of shares. See
Section 7.2
for further discussion of the EPS implications of ESOPs.
9.2.2.6 Common-Control Business Combinations
ASC 805-50-50-2 and 50-3 contain disclosure requirements
applicable to the receiving entity in a transfer of net assets among
entities under common control. ASC 805-50-50-2 states that “[t]he nature of
and effects on [EPS] of nonrecurring intra-entity transactions involving
long-term assets and liabilities is not required to be eliminated under the
guidance in paragraph 805-50-45-3 but shall be disclosed.”
If the receiving entity is required to disclose EPS in its
separate financial statements and presents the common-control transfer as a
change in the reporting entity, EPS amounts must be recast to include the
earnings (or losses) of the transferred net assets (see further discussion
in Section
8.6.2). In addition to the disclosures required by
ASC 805-50, if the net assets transferred result in a change in the
reporting entity, the receiving entity must provide the disclosures required
by ASC 250-10-50-6, including the per-share disclosures discussed in
Table
9-1.
9.2.2.7 Reorganizations
ASC 852-10 requires that EPS be reported in accordance with
ASC 260. ASC 852-10-45-16 states, in part, that “[i]f it is probable that
the plan [of reorganization] will require the issuance of common stock or
common stock equivalents, thereby diluting current equity interests, that
fact shall be disclosed.”
9.2.2.8 Pro Forma Financial Information
See Appendix B for discussion of disclosures about supplemental
pro forma EPS, which are provided outside the financial statements.
9.2.3 Disclosures of Other Per-Share Metrics
9.2.3.1 General
ASC 260-10
Required EPS Presentation on
the Face of the Income Statement
45-5 Per-share amounts not
required to be presented by this Subtopic that an
entity chooses to disclose shall be computed in
accordance with this Subtopic and disclosed only in
the notes to financial statements; it shall be noted
whether the per-share amounts are pretax or net of
tax. (See paragraph 260-10-50-1A.)
45-6 Paragraph 230-10-45-3
prohibits reporting an amount of cash flow per
share.
Participating Securities
and the Two-Class Method
45-60 The two-class method is
an earnings allocation formula that treats a
participating security as having rights to earnings
that otherwise would have been available to common
shareholders but does not require the presentation
of basic and diluted EPS for securities other than
common stock. The presentation of basic and diluted
EPS for a participating security other than common
stock is not precluded.
Entities may wish to disclose per-share data beyond that
required by ASC 260. ASC 260-10-45-5 allows disclosure of such other
per-share amounts in the notes to the financial statements provided that the
per-share amounts are accompanied by disclosure of whether they are pretax
or net of tax. These other per-share amounts should be calculated in
accordance with ASC 260 and should not be presented on the face of the
income statement. Examples of other per-share amounts include dividends per
share and book value per share.
SEC Considerations
SEC registrants are required to disclose the amount
of dividends per share for each class of shares (as opposed to
common stock only) in both interim and annual reports filed under
the Exchange Act. Such amounts can be disclosed on the face of the
income statement or in the notes to the financial statements.
SEC registrants may also be required to disclose
certain metrics related to book value per share in certain filings.
For example, SEC Regulation S-K, Item 506, requires registrants to
disclose net tangible book value per share before and after a
distribution in certain IPOs of common stock when there is a
substantial disparity between the public offering price and the
offering price previously paid by officers, directors, promoters,
and affiliates. In addition, for business combinations subject to
SEC Regulation M-A, Item 1010(a)(4), entities must disclose book
value per share as of the date of the most recent balance sheet
presented.
With respect to other per-share amounts that an
entity wishes to disclose in filings with the SEC, including, but
not limited to, amounts related to book value per common share that
do not need to be disclosed under U.S. GAAP or the SEC’s guidance,
the entity must consider the SEC’s guidance on non-GAAP disclosures.
Any such disclosure that is not considered to involve a prohibited
non-GAAP financial measure should be accompanied by a description of
how such per-share amounts have been calculated.
9.2.3.2 Comprehensive Income
An entity may voluntarily disclose comprehensive income per
share in the notes to the financial statements, provided that:
- In the presentation, the per-share amount for comprehensive income is not more prominent than that for net income, which could potentially cause confusion.
- The disclosure is included in a comprehensive income footnote (it may not be included on the face of the income statement).
- The disclosure is provided for all periods presented.
- The calculation is consistent with the calculation of basic EPS in ASC 260 and is performed on a net-of-tax basis. (The calculation does not need to include a diluted EPS amount.)
9.2.3.3 Participating Securities
The presentation of basic and diluted EPS for participating
securities is permitted but not required under ASC 260-10-45-60. When an
entity chooses to disclose EPS for participating securities, the EPS amounts
should be calculated in accordance with ASC 260 and the entity should
disclose amounts of both basic and diluted EPS. When an entity has more than
one class of participating securities and chooses to disclose EPS, the
entity would generally disclose basic and diluted EPS for all classes of
participating securities. EPS amounts for participating securities should be
disclosed in the notes to the financial statements.
9.2.3.4 Non-GAAP Measures
C&DIs — Non-GAAP Financial
Measures
Question
102.05
Question:
While Item 10(e)(1)(ii) of Regulation S-K does not
prohibit the use of per share non-GAAP financial
measures, the adopting release for Item 10(e),
Exchange Act Release No. 47226, states that “per
share measures that are prohibited specifically
under GAAP or Commission rules continue to be
prohibited in materials filed with or furnished to
the Commission.” In light of Commission guidance,
specifically Accounting Series Release No. 142,
Reporting Cash Flow and Other Related Data,
and Accounting Standards Codification 230, are
non-GAAP earnings per share numbers prohibited in
documents filed or furnished with the
Commission?
Answer: No.
Item 10(e) recognizes that certain non-GAAP per
share performance measures may be meaningful from an
operating standpoint. Non-GAAP per share performance
measures should be reconciled to GAAP earnings per
share. On the other hand, non-GAAP liquidity
measures that measure cash generated must not be
presented on a per share basis in documents filed or
furnished with the Commission, consistent with
Accounting Series Release No. 142. Whether per share
data is prohibited depends on whether the non-GAAP
measure can be used as a liquidity measure, even if
management presents it solely as a performance
measure. When analyzing these questions, the staff
will focus on the substance of the non-GAAP measure
and not management’s characterization of the
measure. [May 17, 2016]
Although SEC Regulation S-K, Item 10(e), does not
specifically prohibit the disclosure of non-GAAP per-share financial
measures, such disclosures are not permitted by either U.S. GAAP or SEC
rules in certain instances, including the following:
- Cash flow per share and other per-share measures of liquidity — ASC 230-10-45-3 states that “[f]inancial statements shall not report an amount of cash flow per share. Neither cash flow nor any component of it is an alternative to net income as an indicator of an entity’s performance, as reporting per-share amounts might imply.” The SEC’s guidance in ASR 142 (FRR 202.04) contains a similar prohibition. Free cash flow is a liquidity measure and, therefore, per-share presentation is expressly prohibited. In addition, C&DI Question 103.02 notes that EBIT or EBITDA should not be presented on a per-share basis. The C&DI does not discuss the presentation of EPS related to adjusted EBIT or adjusted EBITDA. The determination of whether such presentation is acceptable may depend on the nature of the adjustment and whether the measure is clearly, in substance, a liquidity measure. See Section 4.4 of Deloitte’s Roadmap Non-GAAP Financial Measures and Metrics for further discussion.
- Per-share measures derived from prohibited non-GAAP measures — Registrants are not allowed to disclose a non-GAAP per-share measure that is derived from a prohibited non-GAAP financial measure. That is, the numerator in the non-GAAP per-share measure must be a non-GAAP measure permitted by SEC Regulation S-K, Item 10(e). See discussion below regarding the denominator.
Registrants may generally disclose other non-GAAP per-share
performance measures as long as they comply with other SEC
requirements for such measures (including the reconciliation to GAAP EPS).
C&DI Question 102.05 indicates that in a registrant’s discussion of its
operations, certain non-GAAP per-share performance measures “may be
meaningful.” However, the C&DI also specifies that the SEC staff may
challenge measures designated as performance measures that appear to be more
like liquidity measures (i.e., the staff will look at the substance of the
disclosure, not necessarily its form of characterization). When a
performance measure can be used as a liquidity measure, per-share
presentation of the measure is prohibited. See Section 3.2.2 of Deloitte’s Roadmap
Non-GAAP Financial
Measures and Metrics for more information.
Registrants are reminded to comply with all disclosure
requirements in Item 10(e), including the requirement to reconcile both the
numerator and denominator. A reconciliation of the denominator is not
necessary, however, if the denominator represents diluted shares in
accordance with ASC 260. If the denominator does not represent diluted
shares, registrants should use caution in presenting the measure and
consider whether the resulting measure could potentially be misleading. As
noted in footnote 49 of SEC
Final Rule 33-8176, an SEC registrant should carefully
consider whether (1) it is appropriate to use any denominator other than
diluted shares calculated in accordance with ASC 260 and (2) the resulting
measure could potentially be misleading.
SEC Considerations
The SEC’s guidance on disclosure of non-GAAP
per-share amounts applies to both filings made under the Securities
Act or Exchange Act and documents furnished to the SEC. For example,
the SEC’s guidance on disclosure of non-GAAP per-share amounts must
be applied to non-GAAP information included in a press release,
which is furnished to the SEC in accordance with Form 8-K, Item
2.02.
In addition to disclosing non-GAAP per-share amounts,
entities may wish to explain the impact of certain one-time or unusual items
on reported EPS. An SEC registrant is generally permitted to disclose in
MD&A the individual effect of individual transactions or items on
GAAP-reported EPS amounts (e.g., the per-share impact of a significant
charge or gain) even if the presentation of EPS, excluding the individual
effect of the transaction or item, would otherwise be considered a
prohibited non-GAAP measure. This is consistent with the interpretive
response to Question 3 of SAB Topic 5.P.3, which indicates that
“[d]iscussions in MD&A and elsewhere which quantify the effects of
unusual or infrequent items on net income and earnings per share are
beneficial to a reader’s understanding of the financial statements and are
therefore acceptable.”
Below is an example of a disclosure of the EPS impact of a
nonrecurring gain.
SEC — Example Disclosure in MD&A
Included on Form 10-K
During fiscal 2017, the Company
completed the divestiture of four product
categories, which included 43 of the Company’s
beauty brands (“Beauty Brands”), including the
global salon professional hair care and color,
retail hair color, cosmetics and the fine fragrance
businesses, along with select hair styling brands.
The Beauty Brands had historically been part of the
Company’s Beauty reportable segment. The results of
the Beauty Brands are presented as discontinued
operations and, as such, are excluded from both
continuing operations and segment results for all
periods presented. Additionally, the Beauty Brands
balance sheet positions as of June 30, 2016 are
presented as held for sale in the Consolidated
Balance Sheets. The Company recorded an after-tax
gain on the final transaction of $[X] billion ($[Y]
per share), net of transaction and related
costs.
See Deloitte’s Roadmap Non-GAAP Financial Measures and
Metrics for more detailed discussion regarding the
disclosure of non-GAAP per-share amounts.