Organic Agricultural Company Limited Just Filed Its Quarterly Report: Earnings (loss) per ...

Earnings (loss) per share


The Company computes earnings (loss) per share
(“EPS”) in accordance with FASB ASC 260, Earnings Per Share. ASC 260 requires companies with complex capital structures
to present basic and diluted EPS. Basic EPS is measured as net income (loss) divided by the weighted average common shares outstanding
during the period.


Diluted EPS is similar to basic EPS but presents
the dilutive effect on a per share basis of contracts to issue ordinary common shares (e.g., convertible securities, options and warrants)
as if they had been converted at the beginning of the periods presented, or issuance date, if later. The computation of diluted EPS includes
the estimated impact of the exercise of contracts to purchase common stock using the treasury stock method and the potential common shares
associated with convertible debt using the if-converted method. Potential common shares that have an anti-dilutive effect (i.e., those
that increase earnings per share or decrease loss per share) are excluded from the calculation of diluted EPS.


The above information was disclosed in a filing to the SEC. To see the filing, click here.

To receive a free e-mail notification whenever Organic Agricultural Company Limited makes a similar move, sign up!

Auto Refresh