Deloitte
Accounting Research Tool
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Chapter 5 — Accounting Matters

5.10 Earnings per Share

5.10 Earnings per Share

Public entities must comply with ASC 260, which provides guidance on calculating and presenting EPS for common stock. For each period presented, entities are required to present basic EPS (i.e., income available to common stockholders divided by the weighted average number of common shares outstanding) and diluted EPS, which includes the total weighted-average number of common shares of the entity’s potential common stock that would dilute basic EPS if actually issued.