Basic Weighted Average Shares (SF.IS.BasicWeightedAvgShrs)

Basic Weighted Average Shares (SF.IS.BasicWeightedAvgShrs) refers to the weighted average common shares outstanding less the dilution of stock options for a given period. These shares are used to calculate the Basic EPS.

Prior to the adoption of FASB 128 (issued in 2/1997), companies used to disclose Primary Weighted Average Shares. This value consists of the weighted average common shares outstanding as well as the dilution of stock options for a given period. Both Basic and Primary Shares outstanding values are displayed in Basic Weighted Average Shares (SF.IS.BasicWeightedAvgShrs)

When a company has multiple common shares, the shares which are most actively traded are selected as the primary common share and rest of stocks are converted to the primary share equivalent and added to the primary shares to compute Basic Weighted Average Shares (SF.IS.BasicWeightedAvgShrs)

Basic Weighted Average Shares (SF.IS.BasicWeightedAvgShrs) is presented in both standardized and company specific views.