Intermediate Accounting, 7th Canadian Edition Chapter 18英文电子书.pdf

Wireless Earnings Waterloo, Ontario-based Research In same number. The fully diluted number Motion (RIM) has experienced incredi- should show the maximum impact to ble growth, mainly due to the success earnings for the shareholder and, of its famous wireless platform, when a company is in a loss position, it BlackBerry®. In February 1999, when doesn’t work.” the company listed on NASDAQ, rev- When calculating RIM’s per share enues were less than $50 million. By figures, Loberto looks at the average February 2003, they exceeded $300 share price and the number of options million. There were more than 800,000 outstanding that are “in the money,” at BlackBerry wireless subscribers by the that average price. These are the end of 2003, and the company was options that could be exercised, affect- beginning to report net profits. ing the diluted earnings. “The fully Since RIM had reported losses in diluted number is an indication of what recent years, its basic and fully diluted your earnings per share could be if earnings per share (EPS) figures have everyone exercised their options,” been the same. Angelo Loberto, Vice- Loberto says. The basic figure