GAAP EPS definition
Examples of GAAP EPS in a sentence
For purposes of determining such Performance Period EPS results, EPS means non- GAAP EPS disclosed in the Company’s annual earnings release for the year ended December 31, 2023.
The amount of the payment, if any, you are eligible to receive under this Award will not exceed the Maximum Award Amount, which will be equal to the Maximum Award Amount specified in the table above only if the Company’s 2017 Adjusted GAAP EPS (as specified below) is equal to or greater than $<<Number>> (approximately <<Percent>>% of the Company’s fiscal 2016 Adjusted GAAP EPS of $3.94).
For this purpose, both 2017 Adjusted GAAP EPS and 2017 Adjusted GAAP revenues are subject to further adjustments as provided in the policy established by the Committee.
The resulting weighted financial performance ratios for 2017 Adjusted GAAP revenues and 2017 Adjusted GAAP EPS will then be summed (the sum referred to as the “Weighted Financial Performance Ratio”) and the “Incentive Multiple” will be calculated according to the schedule set forth below: > 130% 2.00 The Incentive Multiple is at the maximum of 2.00 when the Weighted Financial Performance is greater than 1.30.
The amount of the payment, if any, you are eligible to receive under this Award will not exceed the Maximum Award Amount, which will be equal to the Maximum Award Amount specified in the table above only if the Company’s 2018 Adjusted GAAP EPS (as specified below) is equal to or greater than $<<Number>> (approximately <<Percent>>% of the Company’s fiscal 2017 Adjusted GAAP EPS of $<<Number>>).
The weighted financial performance ratio for 2017 Adjusted GAAP EPS will be the result of 0.60 multiplied by a fraction, the numerator of which is the actual 2017 Adjusted GAAP EPS and the denominator of which is the 2017 Adjusted GAAP EPS Performance Target stated above.
The Company fiscal 2018 Performance Measures and Performance Targets for purposes of determining the amount payable under this Formula are as follows: • 2018 Adjusted GAAP revenues: $<<2017 Adjusted GAAP revenues Target>> • 2018 Adjusted GAAP EPS: $<<2017 Adjusted GAAP EPS Target>> 2018 Adjusted GAAP EPS is determined as set out in Section I, above.
The weighted financial performance ratio for 2016 Adjusted GAAP EPS will be the result of 0.60 multiplied by a fraction, the numerator of which is the actual 2016 Adjusted GAAP EPS and the denominator of which is the 2016 Adjusted GAAP EPS Performance Target stated above.
Also, ensure you provide a reconciliation of the measurement to the GAAP EPS figure.
The Company applies a relative weighting of 40% to 2016 Adjusted GAAP revenues and 60% to 2016 Adjusted GAAP EPS.