Cray Inc Just Filed Its Quarterly Report: Note 4— Earnings (Lo...
Note 4— Earnings (Loss) Per Share ("EPS")
Basic EPS is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares, excluding unvested restricted stock, outstanding during the period. Diluted EPS is computed by dividing net income (loss) available to common shareholders by the weighted average number of common and potential common shares outstanding during the period, which includes the additional dilution related to conversion of stock options, unvested restricted stock and restricted stock units as computed under the treasury stock method.
For the three months ended March 31, 2014 and 2013, outstanding stock options, unvested restricted stock grants and restricted stock units were antidilutive because of the net losses and, as such, their effect has not been included in the calculation of basic or diluted net loss per share. For the three months ended March 31, 2014 and 2013, potential gross common shares of 3.2 million and 4.2 million, respectively, were antidilutive and not included in computing diluted EPS.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. Cray Inc next reports earnings on April 29, 2014.
To receive a free e-mail notification whenever Cray Inc
makes a similar move, sign up!
Other recent filings from the company include the following:
Cray Inc's SVP and CTO just disposed of 4,823 shares - July 21, 2014