ALBANY INTERNATIONAL CORP /DE/ Earnings Per Share Disclosure
Years ended December 31, | ||||||||||||||||||||
(in thousands, except market price and earnings per share) | 2025 | 2024 | 2023 | |||||||||||||||||
Net income attributable to the Company | $ | (57,342) | $ | 87,623 | $ | 111,120 | ||||||||||||||
Weighted average number of shares: | ||||||||||||||||||||
| Weighted average number of shares used in calculating basic net income/(loss) per share | 29,566 | 31,231 | 31,171 | |||||||||||||||||
Effect of dilutive stock-based compensation plans: | ||||||||||||||||||||
Restricted stock units and multi-year awards(a) | — | 107 | 105 | |||||||||||||||||
| Weighted average number of shares used in calculating diluted net income/(loss) per share | 29,566 | 31,338 | 31,276 | |||||||||||||||||
| Net income/(loss) per share: | ||||||||||||||||||||
Basic | $ | (1.94) | $ | 2.81 | $ | 3.56 | ||||||||||||||
Diluted(a) | $ | (1.94) | $ | 2.80 | $ | 3.55 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 27, 2026 | Showing above |
| 2024 | Feb 26, 2025 | |
| 2023 | Feb 26, 2024 | |
| 2022 | Feb 24, 2023 | |
| 2021 | Feb 25, 2022 | |
| 2019 | Feb 28, 2020 | |
| 2018 | Mar 14, 2019 | |
| 2017 | Feb 28, 2018 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.