Table of Contents

Earnings per Share. 1

Basic Earnings per Share. 1

Diluted Earnings per Share. 3

Treasury Stock and Reverse Treasury Stock Methods. 7

Treasury Stock Method. 7

Reverse Treasury Stock Method. 8

Two-Class Method. 9

Master Limited Partnerships. 11

Presentation and Disclosure of Earnings per Share. 11

Presentation Issues. 11

Disclosure Issues. 12

Non-GAAP Disclosures. 13

Answers to Chapter Questions. 16

Glossary. 18

Index. 19

 

Final Examination………………………………………………………………………………………………...…21