ALAMO GROUP INC Earnings Per Share Disclosure
| (in thousands, except per share amounts) | 2025 | 2024 | 2023 | ||||||||||||||
| Net income | $ | 103,801 | $ | 115,930 | $ | 136,161 | |||||||||||
| Average common shares: | |||||||||||||||||
| Basic (weighted-average outstanding shares) | 12,018 | 11,968 | 11,920 | ||||||||||||||
| Dilutive potential common shares from stock options | 59 | 69 | 67 | ||||||||||||||
Diluted (weighted-average outstanding shares) | 12,077 | 12,037 | 11,987 | ||||||||||||||
| Basic earnings per share | $ | 8.64 | $ | 9.69 | $ | 11.42 | |||||||||||
| Diluted earnings per share | $ | 8.59 | $ | 9.63 | $ | 11.36 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 2, 2026 | Showing above |
| 2024 | Feb 27, 2025 | |
| 2023 | Feb 22, 2024 | |
| 2022 | Feb 23, 2023 | |
| 2021 | Feb 24, 2022 | |
| 2020 | Feb 26, 2021 | |
| 2019 | Feb 28, 2020 | |
| 2018 | Mar 1, 2019 | |
| 2017 | Mar 1, 2018 | |
| 2016 | Mar 7, 2017 | |
| 2015 | Mar 4, 2016 | |
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.