Per Share Information Sample Clauses
The 'Per Share Information' clause defines how financial data, such as earnings or dividends, is calculated and presented on a per-share basis for a company's stock. This typically involves specifying the method for determining figures like earnings per share (EPS) or book value per share, and may outline which classes of shares are included in the calculation. By standardizing the way per-share figures are reported, this clause ensures consistency and comparability for investors, helping them make informed decisions and accurately assess the company's financial performance.
Per Share Information. Per share information is based on the weighted-average number of common shares outstanding during each period for the basic computation and, if dilutive, the weighted-average number of potential common shares resulting from the assumed conversion of outstanding stock options, warrants and convertible preferred stock for the diluted computation. CROWN CASTLE INTERNATIONAL CORP. AND SUBSIDIARIES CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(Continued) A reconciliation of the numerators and denominators of the basic and diluted per share computations is as follows: Three Months Ended March 31, ------------------ 2000 2001 -------- -------- (In thousands of dollars, except per share amounts) Loss before extraordinary item......................... $(32,060) $(68,055) Dividends on preferred stock........................... (11,493) (19,505) Loss before extraordinary item applicable to common -------- -------- stock for basic and diluted computations.............. (43,553) (87,560) Extraordinary item..................................... (1,495) -- Net loss applicable to common stock for basic and -------- -------- diluted computations.................................. $(45,048) $(87,560) ======== ======== Weighted-average number of common shares outstanding during the period for basic and diluted computations Per common share--basic and diluted: Loss before extraordinary item....................... $ (0.27) $ (0.41) Extraordinary item................................... (0.01) -- -------- -------- Net loss............................................. $ (0.28) $ (0.41) ======== ======== The calculations of common shares outstanding for the diluted computations exclude the following potential common shares as of March 31, 2001: (1) options to purchase 21,394,339 shares of common stock at exercise prices ranging from $-0- to $39.75 per share, (2) warrants to purchase 639,990 shares of common stock at an exercise price of $7.50 per share, (3) warrants to purchase 1,000,000 shares of common stock at an exercise price of $26.875 per share, (4) shares of the Company's 8 1/4% Cumulative Convertible Redeemable Preferred Stock which are convertible into 7,441,860 shares of common stock and (5) shares of the Company's 6.25% Convertible Preferred Stock which are convertible into 10,915,254 shares of common stock. The inclusion of such potential common shares in the diluted per share computations would be antidilutive since the Company incurred net losses for all peri...
Per Share Information. The pro forma net loss per common share in the amount of $(0.37) ($(1.11) after the one for three consolidation) for the year ended December 31, 2001 and in the amount of $(0.20) ($(0.60) after the one for three consolidation) for the nine months ended September 30, 2002 have been calculated using the weighted average number of common shares of the Corporation outstanding during the year ended December 31, 2001 and the nine months ended September 30, 2002, respectively, plus the additional common shares of the Corporation that will be issued to acquire TVX and Echo Bay. The number of additional shares was computed using the exchange ratios of 6.50 and .52, for TVX and Echo Bay, respectively. The convertible debenture equity increase and dividends on convertible preferred shares of a subsidiary of the Corporation have been deducted in arriving at the net loss for the year attributable to common shares on the pro forma statement of operations in the determination of per share data.
Per Share Information. Net earnings per common share before the cumulative effect of changes in accounting principles . 2.88 2.67 5.44 4.90 3.94 Net per common share cumulative effect of changes in accounting principles for: Income taxes ...................... -- -- -- -- 3.34 Postretirement benefits other than pensions; and postemployment benefits .......................... -- -- -- -- (1.74) NET EARNINGS PER COMMON SHARE ..... 2.88 2.67 5.44 4.90 5.54 AT JUNE 30, AT DECEMBER 31, ---------------------- ---------------------------------- 1996 1995 1995 1994 1993 ---------- ---------- ---------- ---------- ---------- (UNAUDITED) BALANCE SHEET DATA: Current assets ..................... $ 1,280.6 $ 1,352.2 $ 1,342.8 $ 1,337.5 $ 1,563.5 Property, less accumulated depreciation ...................... 9,441.1 9,192.9 9,258.8 8,987.1 8,730.7 Total assets ....................... 11,053.4 10,829.4 10,904.8 10,587.8 10,519.8 Current liabilities ................ 1,230.6 1,176.0 1,205.8 1,131.8 1,197.9 Long-term debt, excluding current portion ........................... 1,637.8 1,612.6 1,553.3 1,547.8 1,481.5 Total shareholders' equity ......... 4,836.0 4,769.6 4,829.0 4,684.8 4,620.7 On October 23, 1996, Parent issued its earnings release in which it reported the following results for its three fiscal quarters ended September 30, 1996 as compared to the comparable period for 1995: revenues, $3,590.1 million versus $3,512.8 million; income from operations, $887.2 million versus $831.3 million; net income, $569.9 million versus $535.8 million; and net income per common share, $4.49 versus $4.07. Parent has identified a number of synergies related to the Proposed Merger which its management believes can be achieved that will yield aggregate annual contribution to operating income by the year 2000 (in year 2000 dollars) of approximately $660 million, consisting of approximately $515 million of operating savings and $145 million of operating income from revenue enhancements. The operating savings are expected to result from reduced general and administrative expenses ($170 million), improved equipment utilization and improved equipment maintenance ($107 million) and improved use of rail yards and routes coupled with maintenance of way efficiencies ($77 million), and from more efficient transportation operations ($161 million). The net new business revenues totalling $525 million which will yield the 20 $145 million of incremental operating income are expected to be comprised of increased revenu...
Per Share Information. $ (265)======== $ 867======= $(11,454)======== Basic and diluted net income (loss) per share (Note 1(n))............................................... $ (0.00) $ 0.01 $ (0.11) Shares used in computation................................ ======== 100,000 ======== ======= 100,000======= ======== 100,000 ========
(1) Excludes non-cash stock-based compensation expense as follows: Cost of product and services........................... $ 35 Research and development............................... 82 Sales and marketing.................................... 1,429 General and administrative............................. 401 $ 1,947 THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE CONSOLIDATED FINANCIAL STATEMENTS. TELECOM TECHNOLOGIES, INC. CONSOLIDATED STATEMENTS OF REDEEMABLE COMMON STOCK AND STOCKHOLDERS' DEFICIT (IN THOUSANDS, EXCEPT SHARE DATA) CLASS A AND B REDEEMABLE ------------------------ ------------------- --------------------- --------------------- REDEMPTION PAR PAR PAR SHARES VALUE SHARES VALUE SHARES VALUE SHARES VALUE ---------- ----------- -------- -------- ---------- -------- ---------- -------- BALANCE, DECEMBER 31, 1997... 2,000 $ 949 18,000 $ 1 -- $ -- -- $ --