Amplify Energy Corp. Earnings Per Share Disclosure
Note 11. Earnings (Loss) per Share
The following sets forth the calculation of earnings (loss) per share, or EPS, for the periods indicated (in thousands, except per share amounts):
For the Year Ended | ||||||
December 31, | ||||||
2025 | 2024 | |||||
Net income (loss) | $ | 43,968 | $ | 12,946 | ||
Less: Net income allocated to participating securities |
| 2,367 |
| 622 | ||
Basic and diluted earnings available to common stockholders | $ | 41,601 | $ | 12,324 | ||
Common shares: |
| |
| | ||
Common shares outstanding — basic |
| 40,391 |
| 39,655 | ||
Dilutive effect of potential common shares |
| — |
| — | ||
Common shares outstanding — diluted |
| 40,391 |
| 39,655 | ||
Net earnings (loss) per share: |
| |
| | ||
Basic | $ | 1.03 | $ | 0.31 | ||
Diluted (1) | $ | 1.03 | $ | 0.31 | ||
| (1) | The Company excluded 525,587 and 817,098 restricted stock units from the diluted weighted-average common shares outstanding for the year ended December 31, 2025 and 2024, respectively, because their effect was anti-dilutive. |
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 9, 2026 | Showing above |
| 2024 | Mar 5, 2025 | |
| 2018 | Mar 14, 2019 | |
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.