# ASC 260-10-S55: Earnings Per Share — Overall — SEC 55 Implementation Guidance and Illustrations

Source: FASB Accounting Standards Codification, Basic View

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## ASC 260-10-S55: SEC 55 Implementation Guidance and Illustrations

[Read section](https://asc.understandingaccounting.org/asc/260/10/#sec-55-implementation-guidance-and-illustrations)

SEC content: yes

#### Effect of Preferred Stock Dividends and Accretion of Carrying Amount of Preferred Stock on Earnings Per Share

##### [260-10-S55-1](https://asc.understandingaccounting.org/asc/260/10/#260-10-S55-1)

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See paragraph [220-10-S99-5](https://asc.understandingaccounting.org/asc/220/10/#220-10-S99-5), SAB Topic 6.B, for SEC Staff views on this topic.

#### Effect on Earnings Per Share (EPS) Calculation for a Period That Includes the Redemption or Induced Conversion of Preferred Stock

##### [260-10-S55-2](https://asc.understandingaccounting.org/asc/260/10/#260-10-S55-2)

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See paragraph [260-10-S99-2](https://asc.understandingaccounting.org/asc/260/10/#260-10-S99-2), SEC Staff Announcement: The Effect on the Calculation of Earnings Per Share for a Period That Includes the Redemption or Induced Conversion of Preferred Stock, for SEC Staff views on this topic.

#### Redemption or Induced Conversion of a Portion of a Class of Preferred Stock

##### [260-10-S55-3](https://asc.understandingaccounting.org/asc/260/10/#260-10-S55-3)

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See paragraph [260-10-S99-2](https://asc.understandingaccounting.org/asc/260/10/#260-10-S99-2), SEC Staff Announcement: The Effect on the Calculation of Earnings Per Share for a Period That Includes the Redemption or Induced Conversion of Preferred Stock, for SEC Staff views on this topic.

#### Effect of Subsequent Increases or Decreases in the Carrying Amount of Redeemable Securities on EPS

##### [260-10-S55-4](https://asc.understandingaccounting.org/asc/260/10/#260-10-S55-4)

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See paragraph [480-10-S99-3A](https://asc.understandingaccounting.org/asc/480/10/#480-10-S99-3A), SEC Staff Announcement: Classification and Measurement of Redeemable Securities, for SEC Staff views on the classification and measurement of securities subject to mandatory redemption requirements or whose redemption is outside control of the issuer.

##### [260-10-S55-5](https://asc.understandingaccounting.org/asc/260/10/#260-10-S55-5)

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See paragraph [480-10-S99-2](https://asc.understandingaccounting.org/asc/480/10/#480-10-S99-2), SAB Topic 3.C, Question 2, for SEC Staff views on how periodic increases in the carrying amount of redeemable preferred stock be treated in the calculation of EPS.

#### Nominal Issuances and Initial Public Offerings

##### [260-10-S55-6](https://asc.understandingaccounting.org/asc/260/10/#260-10-S55-6)

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See paragraph [260-10-S99-1](https://asc.understandingaccounting.org/asc/260/10/#260-10-S99-1), SAB Topic 4.D, for SEC Staff views on the treatment of "nominal issuances" in the calculation of EPS.