Creative 2014 Annual Report Download - page 36

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36
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS
For the nancial year ended 30 June 2014
9. (LOSS) EARNINGS PER SHARE
Group
2014 2013
Basic Diluted Basic Diluted
US$’000 US$’000 US$’000 US$’000
Net (loss) prot aributable to equity holders
of the Company (21,849) (21,849) 16,668 16,668
Number of Shares Number of Shares
’000 ’000 ’000 ’000
Weighted average number of ordinary shares
outstanding 70,260 70,260 69,954 69,954
Adjustments for diluve eects of
– share opons – – – –
– performance shares – – – 561
Weighted average number of ordinary shares
used to compute (loss) earnings per share 70,260 70,260 69,954 70,515
(Loss) earnings per share (US$) (0.31) (0.31) 0.24 0.24
Basic (loss) earnings per share is calculated by dividing the net (loss) prot attributable to equity holders of the Company
by the weighted average number of ordinary shares outstanding during the nancial year.
For the purpose of calculating diluted earnings per share, prot attributable to equity holders of the Company and the
weighted average number of ordinary shares outstanding are adjusted for the effects of all dilutive potential ordinary shares.
The two categories of dilutive potential ordinary shares of the Company are share options and performance shares.
For share options, the weighted average number of shares in issue has been adjusted as if all dilutive share options were
exercised. The number of shares that could have been issued upon the exercise of all dilutive share options less the number
of shares that could have been issued at fair value (determined as the Company’s average share price for the nancial year)
for the same total proceeds is added to the denominator as the number of shares issued for no consideration.
For performance shares, the weighted average number of shares in issue is adjusted as if all outstanding performance shares
are released.
Share options and performance shares had been excluded from the calculation of diluted loss per share for the nancial
year ended 30 June 2014 as their effects would be anti-dilutive (ie. loss per share would have been reduced in the event
that share options and performance shares were exercised or vested). Thus, the diluted loss per share was the same as the
basic loss per share for the nancial year ended 30 June 2014.