Originally Posted by
Dharma
This isn't true. The Management Incentive Plan and Equity Compensation is never a hidden undefined value. Just because you haven't taken the time to research the Annexes to the 10-K and find the info doesn't mean the documents don't exist. Don't be lazy. Ignoring information just because it doesn't fit in with your message is a path to failure.
As an edit to this post, this isn't a commentary on whether it should or should not be allowed to be excluded from the PTIX calculation (it should be retained as is IMO). I'm saying the comments about it being unlimited are wrong.
How does knowing what past compensation was limit future compensation? Hint-it does not.
Additionally in the past management incentive compensation reduced company profitability - if this change were to be allowed management incentive compensation would no longer reduce the companies profitability but would reduce the employee PS.
So while the incentive plan may be currently defined - what is to prevent them from changing it in the future. Especially when it is coming from a different pot of money.
It would be very foolish of us to agree to this.
Scoop