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This excerpt taken from the SBN 10-Q filed May 15, 2006. Earning per Share. Basic earnings per share is computed
using net income (loss) available to common shareholders and the weighted
average number of shares outstanding. Income (loss) available to common shareholders
includes the impact of dividends on the Company’s Series C Convertible
Preferred Stock which was issued in August
2005. Diluted earnings per share reflects the weighted average number of
shares outstanding plus any potentially dilutive shares outstanding during the
period, calculated using the “treasury stock” method. In accordance with
EITF 03-6, This excerpt taken from the SBN 10-Q filed Feb 14, 2006. Earning per Share. Basic earnings per share is computed using
net income (loss) available to common shareholders and the weighted average
number of shares outstanding. Basic
earnings per share from continuing operations is computed using income (loss)
from continuing operations available to common shareholders (adjusted for
preferred stock dividends) and the weighted average number of shares
outstanding. Diluted earnings per share reflects the weighted average number of
shares outstanding plus any potentially dilutive shares outstanding during the
period, calculated using the “treasury stock” method. In accordance with EITF 03-6, This excerpt taken from the SBN 10-K filed Dec 20, 2005. Earning per Share. Basic earnings per share is computed using
net income (loss) available to common shareholders divided by the weighted
average number of shares outstanding.
Diluted earnings per share reflects the weighted average number of
shares outstanding plus any potentially dilutive shares outstanding during the
period, calculated using the “treasury stock” method. In accordance with EITF 03-6, This excerpt taken from the SBN 10-Q filed Oct 6, 2005. Earning per Share. Basic earnings per share is computed using
net income (loss) and the weighted average number of shares outstanding. Diluted earnings per share reflects the
weighted average number of shares outstanding plus any potentially dilutive
shares outstanding during the period, calculated using the “treasury stock”
method. In accordance with
EITF 03-6, This excerpt taken from the SBN 10-Q filed Oct 6, 2005. Earning per Share. Basic earnings per share is computed using
net income (loss) and the weighted average number of shares outstanding. Diluted earnings per share reflects the
weighted average number of shares outstanding plus any potentially dilutive
shares outstanding during the period, calculated using the “treasury stock”
method.
During the three and six months ended March 31, 2005, 4,332,000 shares of Series B convertible preferred stock issued in August 2004 were not considered in the calculation of basic earnings per share because the Company had net losses, and based on the contractual terms, the Series B convertible preferred stock does not have the obligation to share in the losses of the Company. In accordance with EITF 03-6, This excerpt taken from the SBN 10-Q filed May 16, 2005. Earning per Share. Basic earnings per share is computed using
net income (loss) and the weighted average number of shares outstanding. Diluted earnings per share reflects the
weighted average number of shares outstanding plus any potentially dilutive
shares outstanding during the period, calculated using the “treasury stock”
method.
During the three and six months ended March 31, 2005, 4,332,000 shares of Series B convertible preferred stock issued in August 2004 were not considered in the calculation of basic earnings per share because the Company had net losses, and based on the contractual terms, the Series B convertible preferred stock does not have the obligation to share in the losses of the Company. In accordance with EITF 03-6, This excerpt taken from the SBN 10-Q filed May 6, 2005. Earning per Share. Basic earnings per share is computed using
net income (loss) and the weighted average number of shares outstanding. Diluted earnings per share reflects the
weighted average number of shares outstanding plus any potentially dilutive
shares outstanding during the period, calculated using the “treasury stock”
method. In accordance with
EITF 03-6, This excerpt taken from the SBN 10-Q filed Mar 15, 2005. Earning per Share. Basic earnings per share is computed using
net income (loss) and the weighted average number of shares outstanding. Diluted earnings per share reflects the
weighted average number of shares outstanding plus any potentially dilutive
shares outstanding during the period, calculated using the “treasury stock”
method. In accordance with
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