For purposes of computing the weighted-average number of shares outstanding during the year,a mid-year event that must be treated as occurring at the beginning of the year is the:

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A stock split, which increases the number of outstanding shares, must be treated as if it occurred at the beginning of the year for the purpose of computing weighted-average shares outstanding. This ensures that the impact of the stock split on the company's earnings per share is accurately reflected. The sale of additional common shares, issuance of stock warrants, and purchase of treasury stock all occur during the year and therefore do not need to be treated as occurring at the beginning of the year.

For Purposes of Computing the Weighted-Average Number of Shares Outstanding