PS: Go to the quartly report of Monday, May 2, 2011 11:00 a.m. ET and find Total Shareholder Equity ($666,980,000) and divide it by the number of diluted shares (90,417,000). Compare that number to the Total Shareholder Equity in the lastest quarterly report ($914,832,000) divided by the number of diluted shares (111,772,000). Now subtract the higher number from the latest quarterly report and take the different and divide it by 7.37. THAT IS THE INCREASE IN SHAREHOLDER EQUITY PER SHARE.
You're clearly an idiot, shareholder's equity may have gone up, but so did cash. Total Assets = Total Liabilities + Shareholder's equity... so eventhough shareholder's equity went up, it was a direct cause from the cash balances going up due to the issuing of additional shares. Shareholder's Equity didn't increase because of earnings or anything, it was due to warrants being excercized. You should stop investing in the market if you don't understand the simple reason behind the financials of Boise