Blue Bird Corp Earnings Per Share Disclosure
| (in thousands except share data) | 2025 | 2024 | 2023 | ||||||||||||||
| Numerator: | |||||||||||||||||
Net income | $ | 127,720 | $ | 105,547 | $ | 23,812 | |||||||||||
Basic earnings per share: | |||||||||||||||||
| Weighted average common shares outstanding | 31,861,326 | 32,270,711 | 32,071,940 | ||||||||||||||
Basic earnings per share | $ | 4.01 | $ | 3.27 | $ | 0.74 | |||||||||||
Diluted earnings per share (1): | |||||||||||||||||
| Weighted average common shares outstanding | 31,861,326 | 32,270,711 | 32,071,940 | ||||||||||||||
| Weighted average dilutive securities, restricted stock | 413,781 | 407,773 | 166,720 | ||||||||||||||
| Weighted average dilutive securities, stock options | 201,171 | 283,061 | 19,992 | ||||||||||||||
| Weighted average dilutive securities, warrants | 407,158 | 387,676 | — | ||||||||||||||
| Weighted average shares and dilutive potential common shares | 32,883,436 | 33,349,221 | 32,258,652 | ||||||||||||||
Diluted earnings per share | $ | 3.88 | $ | 3.16 | $ | 0.74 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Nov 24, 2025 | Showing above |
| 2024 | Nov 25, 2024 | |
| 2023 | Dec 11, 2023 | |
| 2022 | Dec 12, 2022 | |
| 2021 | Dec 15, 2021 | |
| 2020 | Dec 17, 2020 | |
| 2019 | Dec 12, 2019 | |
| 2018 | Dec 12, 2018 | |
| 2017 | Dec 8, 2017 | |
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.