FX Services granted 15 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within three years.

FX Services granted 15 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within three years. The common shares have a market price of $8 per share on the grant date. Ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives? A.