LOSS PER SHARE Sample Clauses
LOSS PER SHARE. On April 30, 1999, the Company issued 1,000 shares of Class B Common Stock to the Parent in connection with the contribution of assets to the Company. Loss per share is presented on a pro forma basis assuming that the common shares issued in connection with our recapitalization on April 30, 1999 were outstanding for all periods of Digex presented. On July 23, 1999, the Board of Directors authorized a 50,000-for-one split of the Class B Common Stock, effective as of August 4, 1999 and paid in the form of a stock dividend for shares outstanding as of July 8, 1999. The basic and diluted net loss per common share were calculated assuming that the stock split was effective for all periods presented. All share information presented gives effect to the stock split. The following table sets forth the computation of basic and diluted loss per share of common stock: PERIOD FROM JULY 1, 1997 TO YEAR ENDED YEAR ENDED DECEMBER 31, DECEMBER 31, DECEMBER 31, 1997 1998 1999 ------------ ------------ ------------ Net loss, as reported........................... $ (18,558) $ (16,581) $ (64,999) =========== =========== =========== Weighted average common shares.................. 50,000,000 50,000,000 54,726,027 =========== =========== =========== Loss per share: Basic......................................... $ (0.37) $ (0.33) $ (1.19) =========== =========== =========== Diluted....................................... $ (0.37) $ (0.33) $ (1.19) =========== =========== =========== Unexercised options to purchase 5,704,020 shares of Class A Common Stock were not included in the computation of diluted loss per share because assumed conversion would be anti-dilutive.
LOSS PER SHARE. The following table sets forth the computation of basic and diluted loss per share for the periods indicated (in thousands, except per share data): For the three months ended For the nine months ended September 30, September 30, ------------------------------- --------------------------------- 2000 1999 2000 1999 ------------- -------------- ------------- -------------- Net loss available for basic and diluted loss per share ($584) ($593) ($26,790) ($1,466) ====== ====== ======== ======= Weighted average common shares outstanding for basic and diluted net loss per share 7,119 7,201 7,119 7,206 ====== ====== ======== ======= Basic and diluted net loss per share ($0.08) ($0.08) ($3.76) ($0.20) ====== ====== ======== ======= The effect of outstanding share options is antidilutive and thus not reflected in the determination of weighted average common shares outstanding for the diluted net loss per share calculation. The operating partnership units are not included in the determination of weighted average common shares outstanding since they are not considered to be common share equivalents as they are redeemable for cash at the Company's discretion.
LOSS PER SHARE. (a) Basic
(b) Diluted
LOSS PER SHARE. Loss per share is based on the weighted average number of common shares outstanding during the year. Common stock equivalents and contingent issuances are not included in the computation as they are antidilutive.
LOSS PER SHARE. On March 3, 1997, the FASB issued Statement of Financial Accounting Standard No. 128, "Earnings Per Share" (SFAS 128). SFAS 128 provides for the calculation of Basic and Diluted earnings per share. Basic earnings per share includes no dilution and is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution of securities that could share in the earnings of the entity. The Company has adopted this pronouncement during the period ended December 31, 1997 and it had no effect on loss per share. Income taxes The Company accounts for income taxes using the liability method, which requires an entity to recognize deferred tax liabilities and assets for the expected future tax consequences of events that have been recognized in the Corporation's financial statement or tax returns. Under this method, deferred tax liabilities and assets are determined based on the difference between the financial statement carrying amounts and tax basis of liabilities and assets using enacted tax rates in effect in years in which the differences are expected to reverse. The Company currently has a net operating loss carryforward aggregating approximately $600,000 which expires in 2012. The tax benefit of the loss, estimated to be approximately $200,000 has been fully reserved as its realization in future periods is not assured. During 1997, the Company issued 4 million shares of common stock to an officer of the Company in conjunction with the formation of the Company. The Company also sold 66,800 shares of its common stock in a private placement to a limited group of investors for $16,600. Expenses related to the offering, totaling $9,850, were charged to paid in capital. In July 1997 the Company repurchased 4,400 shares sold in the private placement for $1,100. During 1998, 2,434,000 non-restricted shares were issued for $0.25 per share and an additional 5.2 million restricted shares were issued to the officers of the Company at approximately 50% of market value. Said shares were issued for $416,000 of notes receivable which appear in the shareholders' equity section of the within balance sheet (see note 4). Of the non-restricted shares issued in 1998, 250,000 shares were to professionals in lieu of services performed for the Company and 120,000 shares were advanced to professionals for future services. There are options outstanding to purchase 1...
LOSS PER SHARE. (i) Basic loss per share The basic loss per share has been calculated based on the consolidated net loss for the year of RM67.9 million (2005: net loss of RM195.9 million) and on 75,040,000 ordinary shares in issue during the year.
(ii) Diluted earnings per share The dilutive earnings per share for the year ended 31 March 2006 has not been disclosed as the effect is anti-dilutive.
LOSS PER SHARE. The computation of loss per share of common stock is based on the weighted average number of shares outstanding during the periods presented, in accordance with Statement of Financial Accounting Standards No. 128, "Earnings Per Share" [See Note 6]. Cash and Cash Equivalents - For purposes of the statement of cash flows, the Company considers all highly liquid debt investments purchased with a maturity of three months or less to be cash equivalents. Accounting Estimates - The preparation of financial statements in conformity with generally accepted accounting principles required management to make estimates and assumptions that effect the reported amounts of assets and liabilities, the disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimated by management. Recently Enacted Accounting Standards Statement of Financial Accounting Standards ("SFAS") No. 140, "Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities a replacement of FASB Statement No. 125", SFAS No. 141, "Business Combinations", SFAS No. 142, "Goodwill and Other Intangible Assets", and SFAS No. 143, "Accounting for Asset Retirement Obligations", were recently issued. SFAS No. 140, 141, 142, and 143 have no current applicability to the Company or their effect on the financial statements would not have been significant. Restatement The financial statements have been restated for all periods presented to reflect a 248.399 for 1 reverse stock split on April 23, 1997 and a 5 for 1 forward stock split on December 9, 1988. FIRST DELTAVISION, INC. [A Development Stage Company] NOTES TO FINANCIAL STATEMENTS NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued] Reclassification - The financial statements for years prior to June 30, 2001 have been reclassified to conform with the headings and a classifications used in the June 30, 2001 financial statements. NOTE 2 COMMON STOCK The Company issued 22,863 shares of stock upon incorporation for $57,576. During the year ended June 30, 1989 the Company issued 24,160 shares of common stock for $1,200. During 1996, the Company issued 152,977 shares of its previously authorized but unissued common stock in lieu of cash for consulting fees valued at $38,000 (or $.25 per share). This issuance resulted in a change in control of the Company. During the year ended J...
LOSS PER SHARE. Basic loss per common share is computed using losses available to common shareholders divided by the weighted average number of common shares outstanding. Diluted loss per common share is computed using losses available to common shareholders and the weighted average number of shares outstanding similar executive position, assume our obligations under his employment agreement or assume any indemnification agreement or provisions in effect at the time of the change of control, he will be entitled to receive (i) his salary and fringe benefits through the termination date, (ii) two times his annual base salary, (iii) his full fringe benefits, including medical and health insurance, for a period of 24 months following the month of his termination or the balance of the initial term, whichever is greater and (iv) a prorated payment for accrued but unused vacation. The cash payments described above may be paid by us over a period of up to two years. We have an employment agreement with Mr. Lombardi under which he is employed full-time as our Vice Presidexx, Xxxxxxxxe Controller and Chief Accounting Officer for a term that commenced in April 2001 and continues until April 2004 or until earlier terminated as provided in the agreement. The term is automatically extended for one-year periods, unless either party provides a termination notice at least 60 days prior to the expiration of any one-year period. Under the agreement, Mr. Lombardi receives an annual base salary of $165,000 and is eligibxx xxx xx xxnual bonus in an amount determined by our Chief Executive Officer on the basis of corporate performance. Mr. Lombardi is also entitled to participate in our employee benefit xxxxx xx xxxordance with the terms of those plans. STOCK OPTIONS The following table sets forth information concerning stock option grants made to the Named Executive Officers in fiscal year 2002: OPTION GRANTS IN FISCAL YEAR 2002 INDIVIDUAL GRANTS
LOSS PER SHARE. Assuming that the Transactions had been completed on 1 January 2019, the effect of the Transactions on the LPS of the Healthway Group are as follows: Before the Subscription After the Subscription Consolidated loss attributable to the equity holders of the Company (S$’000) 2,939 3,113 Weighted average number of shares (‘000) 4,523,769 4,523,769
LOSS PER SHARE. The computation of loss per share of common stock is based on the weighted average number of shares outstanding during the period.