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Actionable news in TXT: TEXTRON Inc,

Textron Inc. Just Filed Its Quarterly Report: Note 3. Earn...

Note 3. Earnings Per Share

We calculate basic and diluted earnings per share (E PS) based on net income, which approximates income available to common shareholders for each period. Basic EPS is calculated using the two-class method, which includes the weighted-average number of common shares outstanding during the period and restricted stock units to be paid in stock that are deemed participating securities as they provide nonforfeitable rights to dividends. Diluted EPS considers the dilutive effect of all potential future common stock, including stock options. In addition...