Arhaus, Inc. Earnings Per Share Disclosure
| Year Ended | |||||||||||||||||
December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Numerator | |||||||||||||||||
| Net and comprehensive income | $ | 67,256 | $ | 68,550 | $ | 125,239 | |||||||||||
| Denominator—Weighted Average Shares Outstanding | |||||||||||||||||
| Weighted-average number of common shares outstanding, basic | 140,697,725 | 140,072,148 | 139,471,110 | ||||||||||||||
Effect of dilutive restricted stock (1) (2) | 714,756 | 619,852 | 625,622 | ||||||||||||||
| Weighted-average number of common shares outstanding, diluted | 141,412,481 | 140,692,000 | 140,096,732 | ||||||||||||||
| Net and Comprehensive Income Per Share | |||||||||||||||||
| Net and comprehensive income per share, basic | $ | 0.48 | $ | 0.49 | $ | 0.90 | |||||||||||
| Net and comprehensive income per share, diluted | $ | 0.48 | $ | 0.49 | $ | 0.89 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 26, 2026 | Showing above |
| 2024 | Feb 26, 2025 | |
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.