Earnings (Loss) Per Share
Earnings (Loss) per share is calculated in accordance with ASC 260, “Earnings Per share”. Under ASC 260 basic net earnings (loss) per share is computed using the weighted average number of common shares outstanding during the period except that it does not include unvested restricted st ock subject to cancellation. Diluted net Earnings (Loss) per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of warrants, options, restricted shares and convertible preferred stock. The dilutive effect of outstanding restricted shares, options and warrants is reflected in diluted earnings (loss) per share by application of the treasury stock method. Convertible preferred stock is reflected on an if-converted basis.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
Major owner of Live Ventures just picked up 500 shares - Aug. 16, 2017
Live Ventures Just Filed Its Quarterly Report: Net earnings per sha... - Aug. 11, 2017
Live: Index To Form 10-Q Filing FOR THE QUARTER ENDED JUNE 30, 2017 TABLE OF CONTENTS PART I FINANCIAL INFORMATION - Aug. 10, 2017
Live Ventures Incorporated Announces Third Quarter Fiscal 2017 Results - Aug. 10, 2017
Submission of Matters to a Vote of Security - July 26, 2017