BROADWIND, INC. Earnings Per Share Disclosure
3. NET INCOME PER SHARE
The following table presents a reconciliation of basic and diluted income per share for the years ended December 31, 2024 and 2023 as follows:
| For the Years Ended December 31, | ||||||||
| 2024 | 2023 | |||||||
| Basic income per share calculation: | ||||||||
| Net income | $ | 1,152 | $ | 7,649 | ||||
| Weighted average number of common shares outstanding | 21,895,847 | 21,188,669 | ||||||
| Basic net income per share | $ | 0.05 | $ | 0.36 | ||||
| Diluted income per share calculation: | ||||||||
| Net income | $ | 1,152 | $ | 7,649 | ||||
| Weighted average number of common shares outstanding | 21,895,847 | 21,188,669 | ||||||
| Common stock equivalents: | ||||||||
| Non-vested stock awards | 78,782 | 302,601 | ||||||
| Weighted average number of common shares outstanding | 21,974,629 | 21,491,270 | ||||||
| Diluted net income per share | $ | 0.05 | $ | 0.36 | ||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2024 | Mar 5, 2025 | Showing above |
| 2015 | Feb 26, 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.