BUCKLE INC Earnings Per Share Disclosure
| Fiscal Years Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| February 1, 2025 | February 3, 2024 | January 28, 2023 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income | Weighted Average Shares (a) | Per Share Amount | Net Income | Weighted Average Shares (a) | Per Share Amount | Net Income | Weighted Average Shares (a) | Per Share Amount | |||||||||||||||||||||||||||||||||||||||||||||
| Basic EPS | $ | 195,468 | 49,922 | $ | 3.92 | $ | 219,919 | 49,582 | $ | 4.44 | $ | 254,626 | 49,269 | $ | 5.17 | ||||||||||||||||||||||||||||||||||||||
| Effect of Dilutive Securities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-vested shares | — | 388 | (0.03) | — | 373 | (0.04) | — | 362 | (0.04) | ||||||||||||||||||||||||||||||||||||||||||||
| Diluted EPS | $ | 195,468 | 50,310 | $ | 3.89 | $ | 219,919 | 49,955 | $ | 4.40 | $ | 254,626 | 49,631 | $ | 5.13 | ||||||||||||||||||||||||||||||||||||||
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.