What is basic shares outstanding? How to find it in 10K?
I am calculating [Diluted shares outstanding = Basic shares + In-the-money options - Shares repurchased under TSM]. However, I do not know what the "basic shares" here exactly means. Does it refer to the number of "Weighted Average Shares Outstanding" in Income Statement or the number of "Common & Preferred Stock Outstanding" in Balance Sheet? The textbook I use said that a company's most recent basic shares outstanding count is typically sources from the first page of 10-K or 10-Q. However, I just found one relevant sentence which is "As of January 31, 2017, there were 28,772,830 shares of the registrant’s common stock, par value of $0.01 per share outstanding." So, what does "basic shares outstanding" means here? Thank you!
Basic shares outstanding is the number in the cover of the 10K/Q, which sounds like what you're quoting in your post (not knowing the stock to which you're referring).
EPS figures often use weighted average shares outstanding for the period, but you want the most recent / end of period figure, which is what's on the cover.
Thank you very much for your kind reply. I am looking at Chipotle's 10K.
The number on the cover page is 28,772,830 shares of the registrant’s common stock outstanding, while I found the Weighted Average Shares Outstanding (Basic) in Income Statement is 29,265,000. I am very confused which one is better to use for the calculation of the Fully Diluted Shares Outstanding (TSM)
Natus officia vero accusantium enim et. Aut veritatis blanditiis nesciunt possimus libero ut. Omnis recusandae debitis voluptatum quaerat nihil omnis qui corrupti. Eos iure dolor sint optio possimus modi doloremque. Sit vel qui molestias impedit soluta rerum cumque. Omnis fugiat illo labore quam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...