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First, we have to adjust the pre-dividend number of shares to post-dividend number of shares, then weight it:
1st Jan: 3,000,000 * 1.15 = 3,450,000
1st March: 100,000 * 1.15 * 9/12 = 86,250
1st Sep: -125,000 shares (no adjustment need as post stock dividend) * 4/12 = -41,667
Add them all up, I get 3,494,583 weighted avg number of shares.
So basic EPS = ($7.5m – $1.3m preferred divs) / 3,494,583 = $1.77