Phoenix Power Co SAOG Basic EPS (Cont. Ops)

Metrics similar to Basic EPS (Cont. Ops) in the financials category include:

• Selling and Marketing Expense - Company expenses related to marketing and sale of goods.
• Amortization Of Film Costs - This item represents amortization of costs incurred for film production. This type of expenditure is very common for companies which are in film production and media businesses.
• NI per SFAS 123 (after Options) - This item represents the pro forma net income required to be disclosed as per SFAS No.123 which measures stock based compensation under fair value method.
• Trust Pref. Securities - This item represents a specific type of security possessing characteristics of both equity and debt securities. A company creates trust-preferred security by creating a subsidiary trust and providing funds through loans to the parent company. The trust issues mandatory redeemable preferred securities and the proceeds are invested by the trust in the subordinated debentures of the company, which are the sole assets of the trust. On maturity the company repays the debentures and the Trust in turn uses these amounts to redeem the preferred securities. The interest flows back through the subsidiary to the preferred shareholders. Because the interest paid to the trust is tax-deductible, and the subsidiary is not taxed on the interest received because it flows to the shareholders, the company may realize significant tax benefits.