DELUXE CORP Earnings Per Share Disclosure
| (in millions, except per share amounts) | 2025 | 2024 | 2023 | |||||||||||||||||
| Earnings per share – basic: | ||||||||||||||||||||
| Net income | $ | 82.2 | $ | 52.9 | $ | 26.2 | ||||||||||||||
| Net income attributable to non-controlling interest | (0.1) | (0.1) | (0.1) | |||||||||||||||||
| Income attributable to Deluxe available to common shareholders | $ | 82.1 | $ | 52.8 | $ | 26.1 | ||||||||||||||
| Weighted-average shares outstanding | 44.8 | 44.1 | 43.5 | |||||||||||||||||
| Earnings per share – basic | $ | 1.83 | $ | 1.20 | $ | 0.60 | ||||||||||||||
| Earnings per share – diluted: | ||||||||||||||||||||
| Net income | $ | 82.2 | $ | 52.9 | $ | 26.2 | ||||||||||||||
| Net income attributable to non-controlling interest | (0.1) | (0.1) | (0.1) | |||||||||||||||||
| Net income attributable to Deluxe | 82.1 | 52.8 | 26.1 | |||||||||||||||||
| Remeasurement of share-based awards classified as liabilities | (0.1) | (0.1) | — | |||||||||||||||||
| Income attributable to Deluxe available to common shareholders | $ | 82.0 | $ | 52.7 | $ | 26.1 | ||||||||||||||
| Weighted-average shares outstanding | 44.8 | 44.1 | 43.5 | |||||||||||||||||
| Dilutive impact of potential common shares | 0.7 | 0.6 | 0.3 | |||||||||||||||||
Weighted-average shares and potential common shares outstanding | 45.5 | 44.7 | 43.8 | |||||||||||||||||
| Earnings per share – diluted | $ | 1.80 | $ | 1.18 | $ | 0.59 | ||||||||||||||
| Antidilutive potential common shares excluded from calculation | 0.9 | 1.2 | 1.4 | |||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 13, 2026 | Showing above |
| 2024 | Feb 21, 2025 | |
| 2023 | Feb 22, 2024 | |
| 2022 | Feb 24, 2023 | |
| 2019 | Feb 21, 2020 | |
| 2018 | Feb 26, 2019 | |
| 2017 | Feb 23, 2018 | |
| 2016 | Feb 24, 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.