COOPER COMPANIES, INC. Earnings Per Share Disclosure
| Years Ended October 31, | |||||||||||||||||
| (In millions, except for earnings per share) | 2025 | 2024 | 2023 | ||||||||||||||
| Net income | $ | 374.9 | $ | 392.3 | $ | 294.2 | |||||||||||
| Basic: | |||||||||||||||||
| Weighted-average common shares | 199.1 | 198.9 | 197.9 | ||||||||||||||
| Basic earnings per share | $ | 1.88 | $ | 1.97 | $ | 1.49 | |||||||||||
| Diluted: | |||||||||||||||||
| Weighted-average common shares | 199.1 | 198.9 | 197.9 | ||||||||||||||
| Effect of dilutive stock plans | 0.9 | 1.5 | 1.4 | ||||||||||||||
| Diluted weighted-average common shares | 200.0 | 200.4 | 199.3 | ||||||||||||||
| Diluted earnings per share | $ | 1.87 | $ | 1.96 | $ | 1.48 | |||||||||||
| Years Ended October 31, | |||||||||||||||||
| (In thousands, except exercise prices) | 2025 | 2024 | 2023 | ||||||||||||||
| Stock option shares excluded | 1,477 | 827 | 1,244 | ||||||||||||||
| Exercise prices | $82.46 - $101.54 | $82.46 - $101.54 | $75.03 - $101.54 | ||||||||||||||
| Restricted stock units excluded | 531 | 3 | 60 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Dec 5, 2025 | Showing above |
| 2021 | Dec 10, 2021 | |
| 2018 | Dec 21, 2018 | |
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.