Question
Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding The following is the stockholders equity section from Chipotle Mexican Grill, inc. 's balance
Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding The following is the stockholders equity section from Chipotle Mexican Grill, inc.'s balance sheet (in thousands, except per share data).
Shareholders Equity | December 31, 2014 |
Preferred stock, $0.01 par value, 600,000 shares authorized, no shares issued as of December 31, 2014. | $ __ |
Common stock, $0.01 par value, 230,000 shares authorized, and 35,394 shares issued as of December 31, 2014 .............. | 354 |
Additional paid-in capital .. | 1,038,932 |
Treasury stock, at cost, 4,367 common shares at December 31, 2014 | (748,759) |
Accumulated other comprehensive income .. | (429) |
Retained earnings . | 1,722,271 |
Total shareholders equity . | $2,012,369 |
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a) Show the computation to derive the $354 thousand for common stock.
b) At what average price has Chipotle issued its common stock?
c) How many shares of Chipotle common stock are outstanding as of December 31, 2014?
d) At what average cost has Chipotle repurchased its treasury stock as of December 31, 2014?
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