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Replies to post #473913 on Mr Cooper Group Inc (COOP)

Replies to #473913 on Mr Cooper Group Inc (COOP)

JusticeWillWin

03/14/17 5:03 PM

#473918 RE: johnheps #473913

10-K: Net income $0.33/share or $0.30/share diluted

Page 22

https://www.sec.gov/Archives/edgar/data/933136/000156459017004292/wmih-10k_20161231.htm

Best year so far concerning net income...

ValueActivist

03/14/17 5:13 PM

#473927 RE: johnheps #473913

No. Purely GAAP accounting change in derivative liability which has no cash impact. Liability goes up and down depending on the underlying stock price. Really has no meaning other than GAAP accounting.