Why this is mistaken
Each income-statement line chooses its own diluted share set. Use continuing operations available to common shareholders to select one instrument set and apply it consistently.
Where to watch
When this mistake may appear
- The arithmetic produces a lower per-share amount.
Check your work
Your work may contain this mistake if:
- Accepts the quotient without tracing the numerator, dated shares, instrument method, and antidilution control.