COMPASS MINERALS INTERNATIONAL INCCMP

COMPASS MINERALS INTERNATIONAL INC Earnings Per Share Disclosure

10-KFiled Dec 12, 20252 min read
NET (LOSS) INCOME PER SHARE
Basic net (loss) income per share is computed by dividing net (loss) income available to common stockholders by the weighted-average number of outstanding common shares during the period. Diluted net (loss) income per share reflects the potential dilution that could occur under the more dilutive of either the treasury stock method or the two-class method for calculating the weighted-average number of outstanding common shares. Under the treasury stock method, potential shares of common stock include dilutive shares attributable to the assumed exercise of share options and vesting of RSUs and PSUs. Under the treasury stock method potential common shares outstanding are not included in the computation of diluted net (loss) income per share if their effect is anti-dilutive.
The following table sets forth the computation of basic and diluted net (loss) income per common share (in millions, except for share and per-share data):
Fiscal Year Ended
September 30,
2025		September 30,
2024		September 30,
2023
Numerator:
Net (loss) income$(79.8)$(206.1)$10.5 
Less: Net income allocated to participating securities(a)
— (0.2)(0.3)
Net (loss) income available to common stockholders$(79.8)$(206.3)$10.2 
Denominator (in thousands):
Weighted average common shares outstanding, shares for basic net (loss) income per share
41,828 41,306 40,786 
Weighted average effect of dilutive equity awards outstanding(b)
— — — 
Shares for diluted earnings per share41,828 41,306 40,786 
Basic net (loss) income per common share$(1.91)$(4.99)$0.25 
Diluted net (loss) income per common share$(1.91)$(4.99)$0.25 
(a)Weighted participating securities include PSUs and RSUs that receive non-forfeitable dividends. Net income was allocated to participating securities of 667,000 and 476,000 for the fiscal years ended September 30, 2024 and September 30, 2023, respectively.
(b)The Company had 1,481,000, 1,286,000 and 1,264,000 weighted-average equity awards outstanding for fiscal years ended September 30, 2025, September 30, 2024, and September 30, 2023, respectively, that were anti-dilutive and not included in the calculation of diluted net (loss) income per common share.

Historical Timeline

Fiscal YearFiled
2025Dec 12, 2025Showing above
2024Dec 16, 2024
2023Nov 29, 2023
2022Dec 14, 2022
2020Feb 26, 2021
2019Feb 26, 2020
2018Mar 1, 2019
2017Feb 27, 2018
2016Mar 1, 2017
2015Feb 22, 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.

Other Available Disclosures

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