Weighted Average Common Shares Outstanding (WACSO) Posted by Bill Campbell III, CFA on September 24, 2013. One key to computing earnings per share (EPS) is computing the number of shares of common stock to use in the denominator; we call this number the weighted average common shares outstanding (WACSO). There are two ways to calculate WACSO; weâll cover both.
Types of Cattle Operations California ranches consist of one or more of four types of operations: cow-calf, seed stock, stocker, and feedlot. A cow-calf operation maintains a breeding herd of cows, replacement heifers (young females) and bulls.
Beef Industry Statistics. 1  Average age of a principle beef cattle rancher is 58.32. 2  913,246 total cattle & calf operations2. Of these: 727,906 are beef farms and ranches. Of these: 91% are family-owned or individually-operated. 11% are operated by women. 26,586 are engaged in cattle feedlot production.