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VLG » Topics » Earnings Per Share

This excerpt taken from the VLG 10-K filed Sep 28, 2006.
Earnings Per Share
 
Basic earnings per share is computed in accordance with SFAS No. 128, “Earnings Per Share”, by dividing net income by the number of weighted-average common shares outstanding during the year. Diluted earnings per share


F-8

Table of Contents

is computed by dividing net income by the number of weighted-average common and common equivalent shares outstanding during the year (See Note 8).
 

"Earnings Per Share" elsewhere:

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