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Excluding earnings from investment gains, the top 10 percent of earners took 46.5 percent of all income in 2011, the highest proportion since 1917, Mr. Saez said, citing a large body of work on earnings distribution over the last century that he has produced with the economist Thomas Piketty of the Paris School of Economics.
Excluding earnings from Entergy-Koch's trading and gas pipeline business, which were sold in the fourth quarter of 2004, the company earned $192 million, or 81 cents per share, in last year's period.
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When one-time costs were excluded, earnings reached $1.69 a share, exceeding analysts' expectations.
If the new accounting rules are applied to both quarters, and nonrecurring items are excluded, earnings per share dropped 9.3percentto to 39 cents from 43 cents.
When costs of the company's corporate revamping are excluded, earnings were $1.3 billion, or 88 cents a share, matching the forecast of analysts surveyed by First Call/Thomson Financial.
Our paycheck figures exclude earnings from selling part of their business but include dividends.
To overcome the problem of an immigrant working part-time or for only part of a year to undertake further schooling, we exclude earnings for tax years in which an immigrant claims the full-time education tax credit.
Excluding bonuses, earnings growth fell from 2%to1.8%8%.
Excluding items, earnings were flat at 7 cents.
Excluding items, earnings were 90 cents a share.
Excluding charges, earnings reached $1.54 billion, or $2.39 a share.
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CEO of Professional Science Editing for Scientists @ prosciediting.com