APOGEE ENTERPRISES, INC. Earnings Per Share Disclosure
| (In thousands) | 2026 | 2025 | 2024 | |||||||||||||||||
| Basic earnings per share - weighted average common shares outstanding | 21,295 | 21,726 | 21,871 | |||||||||||||||||
| Weighted average effect of nonvested share grants and assumed exercise of stock options | 222 | 165 | 220 | |||||||||||||||||
| Diluted earnings per share - weighted average common shares and potential common shares outstanding | 21,517 | 21,891 | 22,091 | |||||||||||||||||
| Stock awards excluded from the calculation of earnings per share because the award price was greater than the average market price of the common shares | 177 | 23 | 31 | |||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | Apr 24, 2026 | Showing above |
| 2025 | Apr 24, 2025 | |
| 2024 | Apr 26, 2024 | |
| 2023 | Apr 21, 2023 | |
| 2022 | Apr 22, 2022 | |
| 2021 | Apr 22, 2021 | |
| 2020 | Apr 24, 2020 | |
| 2019 | Apr 26, 2019 | |
| 2018 | Apr 30, 2018 | |
| 2017 | Apr 28, 2017 | |
| 2016 | Apr 25, 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.