Molson Coors Brewing Company has a December 31 year end. Access the company's 2017 annual report from
Question:
Molson Coors Brewing Company has a December 31 year end. Access the company's 2017 annual report from the company website (www.molsoncoors.com).
Instructions
a. What types of earnings per share information does the company provide?
b. Does the company have a complex or simple capital structure? List the types of shares that the company has outstanding. How has the number of shares been determined for the basic EPS? Does the number of shares look reasonable?
c. Identify the types of share-based compensation plans the company has, and any potential common shares that would be included in the diluted earnings per share calculation.
d. What is the impact of the share-based compensation plans on the number of shares to be used in the diluted EPS? Explain any assumptions that the company made. Explain the items that were found to be antidilutive and the reasons provided.
Step by Step Answer:
Intermediate Accounting Volume 2
ISBN: 9781119497042
12th Canadian Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy