# ASC 260-10-10: Earnings Per Share — Overall — 10 Objectives

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/260/10/#10-objectives)

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## ASC 260-10-10: 10 Objectives

[Read section](https://asc.understandingaccounting.org/asc/260/10/#10-objectives)

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#### Basic EPS

##### [260-10-10-1](https://asc.understandingaccounting.org/asc/260/10/#260-10-10-1)

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The objective of [basic earnings per share](https://asc.understandingaccounting.org/glossary/b/#basic-earnings-per-share "The amount of earnings for the period available to each share of common stock outstanding during the reporting period.") (EPS) is to measure the performance of an entity over the reporting period.

#### Diluted EPS

##### [260-10-10-2](https://asc.understandingaccounting.org/asc/260/10/#260-10-10-2)

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The objective of diluted EPS is consistent with that of basic EPS—to measure the performance of an entity over the reporting period—while giving effect to all dilutive potential common shares that were outstanding during the period.