CVR ENERGY INC Earnings Per Share Disclosure
For the Year Ended December 31, | |||||||||||
2017 | 2016 | 2015 | |||||||||
(in millions, except per share data) | |||||||||||
Net income attributable to CVR Energy stockholders | $ | 234.4 | $ | 24.7 | $ | 169.6 | |||||
Weighted-average shares of common stock outstanding - Basic and Diluted | 86.8 | 86.8 | 86.8 | ||||||||
Basic and Diluted earnings per share | $ | 2.70 | $ | 0.28 | $ | 1.95 | |||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2017 | Feb 26, 2018 | Showing above |
| 2016 | Feb 21, 2017 | |
| 2015 | Feb 19, 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.