35 Finally - a Multiple Choice Question! Select the choice that seems best to you. Public companies disclose Primary or Basic Earnings per Share and Diluted Earnings per Share. What changes to EPS would you expect to make in order to estimate Diluted Earnings per Share: a. Modify the Earnings numerator for those expense or income items that would disappear of the "contingent shares" become shares outstanding." b. Modify the Denominator by including "contingent shares" outstanding. c. Both a. and b. d. Neither a. nor b