ASC 260 Earnings Per Share
E453783
ASC 260 Earnings Per Share is a U.S. GAAP accounting standard that provides guidance on the calculation, presentation, and disclosure of basic and diluted earnings per share for entities with publicly traded common stock or potential common stock.
All labels observed (2)
| Label | Occurrences |
|---|---|
| ASC 260 Earnings Per Share canonical | 2 |
| ASC 260 | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T4576172 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: ASC 260 Earnings Per Share Context triple: [ASC 718 Compensation—Stock Compensation, interactsWith, ASC 260 Earnings Per Share]
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A.
ASC 718 Compensation—Stock Compensation
ASC 718 Compensation—Stock Compensation is the U.S. GAAP accounting standard that provides guidance on the recognition, measurement, and disclosure of share-based payment arrangements, such as stock options and restricted stock, granted to employees and other service providers.
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B.
ASC 350 Intangibles—Goodwill and Other
ASC 350 Intangibles—Goodwill and Other is a U.S. GAAP accounting standard that provides guidance on the recognition, measurement, and impairment testing of goodwill and other intangible assets.
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C.
ASC 740 Income Taxes
ASC 740 Income Taxes is the U.S. GAAP accounting standard that provides comprehensive guidance on the recognition, measurement, presentation, and disclosure of income taxes in financial statements.
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D.
FASB Accounting Standards Codification
The FASB Accounting Standards Codification is the single, authoritative source of nongovernmental U.S. GAAP, organizing all relevant accounting standards into a comprehensive, structured framework.
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E.
ASC 805 Business Combinations
ASC 805 Business Combinations is a U.S. GAAP accounting standard that provides guidance on how companies should recognize, measure, and disclose assets, liabilities, and goodwill arising from mergers and acquisitions.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: ASC 260 Earnings Per Share Target entity description: ASC 260 Earnings Per Share is a U.S. GAAP accounting standard that provides guidance on the calculation, presentation, and disclosure of basic and diluted earnings per share for entities with publicly traded common stock or potential common stock.
-
A.
ASC 718 Compensation—Stock Compensation
ASC 718 Compensation—Stock Compensation is the U.S. GAAP accounting standard that provides guidance on the recognition, measurement, and disclosure of share-based payment arrangements, such as stock options and restricted stock, granted to employees and other service providers.
-
B.
ASC 350 Intangibles—Goodwill and Other
ASC 350 Intangibles—Goodwill and Other is a U.S. GAAP accounting standard that provides guidance on the recognition, measurement, and impairment testing of goodwill and other intangible assets.
-
C.
ASC 740 Income Taxes
ASC 740 Income Taxes is the U.S. GAAP accounting standard that provides comprehensive guidance on the recognition, measurement, presentation, and disclosure of income taxes in financial statements.
-
D.
FASB Accounting Standards Codification
The FASB Accounting Standards Codification is the single, authoritative source of nongovernmental U.S. GAAP, organizing all relevant accounting standards into a comprehensive, structured framework.
-
E.
ASC 805 Business Combinations
ASC 805 Business Combinations is a U.S. GAAP accounting standard that provides guidance on how companies should recognize, measure, and disclose assets, liabilities, and goodwill arising from mergers and acquisitions.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
FASB Accounting Standards Codification Topic
ⓘ
U.S. GAAP accounting standard ⓘ |
| addresses |
treatment of contingently issuable shares in EPS
ⓘ
treatment of contracts that may be settled in stock or cash ⓘ treatment of convertible debt in diluted EPS ⓘ treatment of convertible preferred stock in diluted EPS ⓘ treatment of participating securities ⓘ treatment of stock options and warrants in diluted EPS ⓘ |
| appliesTo |
entities that file financial statements with the SEC
ⓘ
entities with potential common stock ⓘ entities with publicly traded common stock ⓘ public business entities ⓘ |
| classification |
Topic 260 in the FASB Codification
ⓘ
linked to:
FASB Accounting Standards Codification
|
| defines |
basic earnings per share
ⓘ
contingently issuable shares ⓘ diluted earnings per share ⓘ incremental shares ⓘ potential common stock ⓘ |
| governs | earnings per share ⓘ |
| hasShortName |
ASC 260
ⓘ
linked to:
ASC 260 Earnings Per Share
|
| interactsWith |
ASC 480 Distinguishing Liabilities from Equity
ⓘ
ASC 718 Compensation—Stock Compensation ⓘ |
| isRelevantFor |
companies with complex capital structures
ⓘ
publicly traded companies ⓘ |
| issuedBy | Financial Accounting Standards Board ⓘ |
| objective |
to improve comparability of earnings per share information
ⓘ
to provide transparent information about the effect of potential common stock on EPS ⓘ |
| partOf | FASB Accounting Standards Codification ⓘ |
| prohibits | inclusion of antidilutive potential common shares in diluted EPS ⓘ |
| providesGuidanceOn |
basic earnings per share
ⓘ
calculation of earnings per share ⓘ diluted earnings per share ⓘ disclosure of earnings per share ⓘ presentation of earnings per share ⓘ |
| requires |
consistent application of EPS computation methods between periods
ⓘ
separate EPS amounts for income from continuing operations and net income ⓘ use of the two-class method for participating securities ⓘ |
| requiresDisclosureOf |
description of securities that could dilute EPS but were antidilutive for the period
ⓘ
instruments that could potentially dilute earnings per share in the future ⓘ methods and assumptions used in computing EPS ⓘ reconciliation of numerators and denominators of basic and diluted EPS ⓘ |
| requiresPresentationOf |
basic earnings per share on the face of the income statement
ⓘ
diluted earnings per share on the face of the income statement ⓘ |
| requiresUseOf |
income from continuing operations as a component of EPS
ⓘ
weighted-average number of common shares outstanding ⓘ |
| supersededPreviousGuidanceFrom |
APB Opinion No. 15
ⓘ
linked to:
APB Opinions
|
| uses |
if-converted method for certain convertible instruments
ⓘ
treasury stock method for options and warrants ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: ASC 260 Earnings Per Share Description of subject: ASC 260 Earnings Per Share is a U.S. GAAP accounting standard that provides guidance on the calculation, presentation, and disclosure of basic and diluted earnings per share for entities with publicly traded common stock or potential common stock.
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.
linked to: ASC 260 Earnings Per Share