1.   And widely published statistics on diluted earnings per share take into account any options that currently have value.

2.   As a result, year-to-year percentage changes are about the same with diluted earnings as they are with basic.

3.   Companies must show diluted earnings not only for the latest period, but also for the year-earlier periods.

4.   Diluted earnings reflect common stock, as well as stock options, warrants and other financial instruments that can convert into common stock.

5.   Diluted earnings reflect options, warrants and other convertible securities.

6.   Diluted earnings will include the options and equivalents as if they were converted into common stock.

7.   Diluted earnings reflect options, warrants, and other securities convertible into common stock, as well as common stock.

8.   Diluted earnings per share will also be reported, including the effect of outstanding options.

9.   Diluted earnings reflect options, warrants and other securities convertible to common stock, as well as common stock.

10.   Enron may end up not having to issue any shares, he said, and any that are issued are already accounted for in diluted earnings per share.