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Number of Shares

Overview

The Number of Shares schedule tracks the evolution of a company’s outstanding share count across the forecast period. It is used to forecast the weighted average number of shares, which is essential for calculating per-share metrics such as:

  • Earnings Per Share (EPS)
  • Dividends Per Share (DPS)

The schedule typically includes both basic shares and any dilutive securities, such as options, warrants, or convertible instruments.

This schedule integrates directly with both the Shares Issuance and Share Repurchase schedules, which feed into the share count over time.

Model Flow

[NTD: Add visual chart flow here]

Key contributors to the Number of Shares schedule: - Share issuances - Share repurchases - Dilutive instruments (if enabled)

Adding a module

To add or edit the Number of Shares schedule, select one of the following nodes in the Blueprint window:

  • Schedule → Number of Shares
  • Income Statement → Metrics → Basic EPS or Diluted EPS

Editable Properties

Name

Default: Number of Shares
The name flows through the Number of Shares schedule and per-share metrics.
See Display Name for more details.

Dilutive Securities

Enable or disable the inclusion of dilutive instruments in the share count.

  • Enabled: Dilutive securities are included in the diluted share count (used for Diluted EPS).
  • Disabled: Only basic shares are considered.

# of Tranches

Specifies how many types or categories of dilutive instruments are modeled separately.
Only applicable when Dilutive Securities is set to True.

Example tranches: - Employee stock options - Convertible debentures - Warrants

Additional Materials

See Number of Shares 101 page for more details.