Term
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Definition
| A company's total assets less its liabilities; stockholders' equity or net assets. |
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Term
| Complex capital structure |
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Definition
| A capital structure that includes prefferred stocks, bonds, and stock options that can be converted to common stock. |
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Term
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Definition
| Items from sources other than owners that account for the change in stockholders' equity during an accounting period. |
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Term
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Definition
| The account used to record the difference between income taxes expense and income taxes payable. |
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Term
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Definition
| A debit balance in the Retained Earnings account. |
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Term
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Definition
| Segments that are no longer part of a company's operations. |
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Term
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Definition
| Events or transactions that are both unusual in nature and infrequent in occurence. |
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Term
| Income from continuing operations |
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Definition
| The operating income section of the income statement when a compnay has both continuing and discontinued operations. |
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Term
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Definition
| The accounting method used to accrue income taxes expense on the basis of accounting income when accounting income and taxable income differ. |
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Term
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Definition
| A phrase indicating that taxes have been taken into account in reporting an item in the financial statements. |
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Term
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Definition
| The substance of earnings and their sustainability into the future. |
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Term
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Definition
| The estimated cost of a change in a company's operations, usually involving the closing of facilities and the laying off of personnel. |
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Term
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Definition
| Stockholders' claims to assets arising from the earnings of the business; the accumulated earnings of a corporation since its inceiption, minus any losses, dividends, or transfers to contributed capital. |
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Term
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Definition
| Distinct parts of a company's operations. |
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Term
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Definition
| A capital structure in which there are no stocks, bonds, or stock options that can be converted to common stock. |
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Term
| Statement of stockholders' equity |
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Definition
| A financial statement that summarizes changes in the components of the stockholders' equity section of the balance sheet. Also called the statement of changes in stockholders' equity. |
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Term
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Definition
| A proportional distribution of shares among a corporation's stockhoders. |
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Term
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Definition
| An increase in the number of outstanding shares of stock accompanied by a proportionate reduction in the par or stated value. |
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Term
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Definition
| A reduction in the value of an asset below its carrying value on the balance sheet. Also called a write-off. |
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Term
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Definition
| The net income applicable to common stock divided by the weighted-average number of common shares outstanding. |
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Term
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Definition
| The equity of the owner of one share of stock in a corporation's net assets. |
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Term
| Diluted earnings per share |
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Definition
| The net income applicable to common stock divided by the sum of the weighted-average number of common shares outstanding and potentially dilutive securities. |
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