Dilutive EPS for cov bonds issued mid year

hi all,

I’m sure i did a question on this, i just cant recall it. if a company issues convertible bonds on the 1st of July and they ask for the diluted EPS. if dilutive, you have to adjust the denominator for the weighted average number of shares, however for the numerator, when adding back the convertible debt interest (multiplied by 1 - the tax rate) - how do you adjust this as the bonds as they were not issued for the full year?

many thanks and apologies for not providing an example.

Half the annual coupon, and half the number of shares.

thank you.

You’re quite welcome.