Antique Accents has 54,000 options outstanding at a price of $29. Quarterly common share prices...

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Finance

Antique Accents has 54,000 options outstanding at a price of $29. Quarterly common share prices in 2013 were $15, $45, $20, and $25. What adjustments to the denominator of diluted earnings per share are necessary for interim reporting purposes? Use 0 when no adjustment is required. Please make sure your final answer(s) are accurate to the nearest whole number.

Shares Issued Shares Repurchased Net effect on diluted EPS
Quarter 1
Quarter 2
Quarter 3
Quarter 4

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