COUSINS PROPERTIES INC Earnings Per Share Disclosure
| 2025 | 2024 | 2023 | ||||||||||||||||||
| Earnings per common share - basic: | ||||||||||||||||||||
| Numerator: | ||||||||||||||||||||
| Net income | $ | 41,252 | $ | 46,581 | $ | 83,816 | ||||||||||||||
| Net income attributable to noncontrolling interests in CPLP from continuing operations | (7) | (8) | (14) | |||||||||||||||||
| Net income attributable to other noncontrolling interests | (742) | (611) | (839) | |||||||||||||||||
| Net income available for common stockholders | $ | 40,503 | $ | 45,962 | $ | 82,963 | ||||||||||||||
| Denominator: | ||||||||||||||||||||
| Weighted average common shares - basic | 167,919 | 153,413 | 151,714 | |||||||||||||||||
| Net income per common share - basic | $ | 0.24 | $ | 0.30 | $ | 0.55 | ||||||||||||||
| Earnings per common share - diluted: | ||||||||||||||||||||
| Numerator: | ||||||||||||||||||||
| Net income | $ | 41,252 | $ | 46,581 | $ | 83,816 | ||||||||||||||
| Net income attributable to other noncontrolling interests | (742) | (611) | (839) | |||||||||||||||||
| Net income available for common stockholders before allocation of net income attributable to noncontrolling interests in CPLP | $ | 40,510 | $ | 45,970 | $ | 82,977 | ||||||||||||||
| Denominator: | ||||||||||||||||||||
| Weighted average common shares - basic | 167,919 | 153,413 | 151,714 | |||||||||||||||||
| Add: | ||||||||||||||||||||
| Potential dilutive common shares - ESPP | — | 2 | — | |||||||||||||||||
| Potential dilutive restrictive stock units - restricted stock units, less shares assumed purchased at market price | 772 | 575 | 301 | |||||||||||||||||
| Weighted average units of CPLP convertible into common shares | 25 | 25 | 25 | |||||||||||||||||
| Weighted average common shares - diluted | 168,716 | 154,015 | 152,040 | |||||||||||||||||
| Net income per common share - diluted | $ | 0.24 | $ | 0.30 | $ | 0.55 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 5, 2026 | Showing above |
| 2024 | Feb 6, 2025 | |
| 2023 | Feb 7, 2024 | |
| 2022 | Feb 9, 2023 | |
| 2021 | Feb 3, 2022 | |
| 2020 | Feb 11, 2021 | |
| 2019 | Feb 5, 2020 | |
| 2018 | Feb 6, 2019 | |
| 2017 | Feb 7, 2018 | |
| 2016 | Feb 21, 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.