This is the number of common shares outstanding at year end. The number of shares of stock outstanding to be used in the calculation of basic earnings per share at the end of the current year is the weighted average number of common shares outstanding.
This is the number of common and preferred shares outstanding at year end. The number of shares of stock outstanding to be used in the calculation of basic earnings per share at the end of the current year is the weighted average number of common shares outstanding.
The calculation of the weighted average number of common shares outstanding is as follows: Weighted Date Item # shares Weighting Average January 1 Number of shares, beginning of year 120,000 12/12 120,000 March 1 Repurchase of 12,000 shares (12,000) 10/12 (10,000) June 1 Issuance of 30,000 shares 30,000 7/12 17,500 November 1 Issuance of 60,000 shares 60,000 2/12 10,000 WANCSO 137,500
This is the number of preferred shares outstanding at year end. The number of shares of stock outstanding to be used in the calculation of basic earnings per share at the end of the current year is the weighted average number of common shares outstanding.
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