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Actionable news in PJC: PIPER JAFFRAY COMPANIES,

Piper Jaffray Companies Just Filed Its Quarterly Report: Earnings Per Share T...

The Company calculates earnings per share using the two-class method. Basic earnings per common share is computed by dividing net income/(loss) applicable to Piper Jaffray Companies’ common shareholders by the weighted average number o f common shares outstanding for the period. Net income/(loss) applicable to Piper Jaffray Companies’ common shareholders represents net income/(loss) applicable to Piper Jaffray Companies reduced by the allocation of earnings to...


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