All of the company’s outstanding shares are held by family members and a handful of trusted employees. The company has no outstanding securities that trade on any exchange, and no plans to go public. One of the company’s shareholders has questioned why the company’s financial statements do not include earnings per share data. REQUIRED: how the issue should be resolved based on FASB codification. Does a private company who has no outstanding shares needs to include EPS in their financials.. Please provide FASB codification citation like Codification Section that Resolves the Question Presented ASC xxx-xx-xx-x,