In computing consolidated diluted EPS,the replacement calculation replaces the parent's equity in subsidiary earnings with the

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The replacement calculation in computing consolidated diluted EPS replaces the parent's equity in subsidiary earnings with the parent's share of diluted EPS of the subsidiary. This is because the calculation aims to reflect the potential dilution of earnings per share if all convertible securities were converted to common stock.

In Computing Consolidated Diluted EPS,the Replacement Calculation Replaces the Parent's