Jasper Corp, has the following Stockholders Equity account balances and activity for Year 2.

Net income		$14,750,000
Retained earnings	$13,250,000
Preferred stock shares outstanding	1,000
Common stock shares outstanding at January 1, Year 2	6,855,000
Additional Common shares issued at July 1, Year 2	20,000
3-for-1 stock split at December 31, Year 2
Preferred Dividends	$15,000
Common Dividends	$58,000
Year 1 EPS	$2.06

Earnings per share = __________________ / ___________________* = ________

* Compute Denominator: Weighted average common shares outstanding

Date	Shares	Portion of year	Weighted Average Shares
January 1, Y2	6,855,000
July 1, Y2
Weighted Average December 31 before split
Stock split 3-for-1
*Total Weighted Average, 12/31/Y2
Note: Year 1 restated			$2.06 / 3 =_____

Did performance improve in Year 2 as compared to Year 1? _________________Why?