2

I'm looking at a random company, Hain Celestial Group (HAIN). Their 10-Q from 2014-11-07 says on the first page: "As of November 3, 2014 there were 50,460,313 shares outstanding of the registrant’s Common Stock, par value $.01 per share."

But their balance sheet says "Common stock - $.01 par value, authorized 100,000,000 shares, issued 51,970,721 and 51,575,743 shares"

Does this company have 50M shares outstanding or 102M shares? What does "issued 51,970,721 and 51,575,743 shares" mean?

3

authorized 100,000,000 shares

They cannot issue shares more than that so 102M isn't possible.

Common stock - $.01 par value, authorized 100,000,000 shares, issued 51,970,721 and 51,575,743 shares

If you look at the right 2 columns it become clear what it means. You missed the $ symbol and on the top (In thousands, except share amounts)

ouststanding share 51,970,721 -> 520

On Sept 30, 2014 outstanding shares * 0.01 and rounded off to arrive at 520.

ouststanding share 51,575,743 -> 516

On June 30, 2014 outstanding shares * 0.01 and rounded off to arrive at 516.

  • That was so obvious once you pointed it out, thanks! – Thomas Johnson Jun 29 '15 at 15:53

You must log in to answer this question.

Not the answer you're looking for? Browse other questions tagged .