Earnings per share, including common stock, stock options, and some convertible debt. In accordance with FASB rules, primary earnings per share are no longer reported. see also diluted earnings per share, basic earnings per share.
A computation of earnings applicable to each share of common stock outstanding based upon the supposition that all common stock equivalent securities were exchanged for common stock at the beginning of that accounting period.
These are earnings available to a stock divided by the number of shares outstanding. Available earnings are usually determined by net earnings after taxes and preferred dividends.
A disclosure or presentation on the income statement of a corporation based on the outstanding common shares and those securities that are in substance equivalent to common shares, such as certain convertible securities, options, and warrants