The following note appeared in the 2013 Annual Report of Mercer International Inc.: Net income (loss) per
Question:
The following note appeared in the 2013 Annual Report of Mercer International Inc.:
Net income (loss) per share attributable to common shareholders:
The calculation of diluted net income (loss) per share attributable to common shareholders does not assume the exercise of any instruments that would have an anti-dilutive effect on net income (loss) per share.
Explain what is meant by antidilutive.
Transcribed Image Text:
Basic Diluted 2013 $(0.47) $(0.47) 2012 $(0.28) $(0.28) 2011 $1.39 $1.24
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Antidilutive refers to a situation where the conversion of a security suc...View the full answer
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Financial Accounting And Reporting
ISBN: 9781292255996
19th Edition
Authors: Barry Elliott, Jamie Elliott
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