What does Diluted Average Shares mean?
Diluted Weighted Average Shares represents the number of shares for Diluted EPS computation. This is used as a denominator for computation of Diluted EPS Including/Excluding Extraordinary Items.
Diluted EPS may be different from Basic EPS when a company reports convertible preferred stock or convertible debt. Diluted Weighted Average Shares reflect the company?s total weighted average shares outstanding during the period, which includes the conversion of stock options, convertible preferred stock and debt.