or spread sheet. 1. Accounting. a worksheet that is arranged in the manner of a mathematical matrix and contains a multicolumn analysis of related entries for easy reference on a single sheet. 2. Computers. a type of software that offers the user a visual display of a simulated multicolumn worksheet and the means of using it especially for financial plans and budgets.
Diluted Earnings Per Share (or Diluted EPS) is a performance metric used to gauge the quality of a company's earnings per share (EPS) if all convertible securities were exercised. Convertible securities refers to all outstanding convertible preferred shares, convertible debentures, stock options (primarily employee based) and warrants.
To further confuse the issue, there are two types of Dilute Results: Dilute-Negative means that the sample was diluted, but no drugs presented themselves. Dilute-Positive means that there was a positive result, but the laboratory could not confirm it because of the amount of water in the urine.