ETHAN ALLEN INTERIORS INC Earnings Per Share Disclosure
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(16) |
Earnings Per Share |
The following is a reconciliation of the numerators and denominators used in our computations of basic and diluted EPS:
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Fiscal Year Ended June 30, |
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(in thousands, except per share data) |
2025 |
2024 |
2023 |
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Numerator (basic and diluted): |
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Net income available to common shareholders |
$ | 51,596 | $ | 63,816 | $ | 105,807 | ||||||
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Denominator: |
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Basic weighted average shares common shares outstanding |
25,554 | 25,525 | 25,473 | |||||||||
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Dilutive effect of stock options and other share-based awards (1) |
80 | 119 | 131 | |||||||||
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Diluted weighted average shares common shares outstanding |
25,634 | 25,644 | 25,604 | |||||||||
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Earnings per share: |
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Basic |
$ | 2.02 | $ | 2.50 | $ | 4.15 | ||||||
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Diluted |
$ | 2.01 | $ | 2.49 | $ | 4.13 | ||||||
(1) Dilutive potential common shares consist of stock options, restricted stock units and performance units.
At June 30, 2025, 2024 and 2023, total stock-based awards of 46,713, 26,582 and 39,065, respectively, were excluded from the diluted EPS calculations because their inclusion would have been anti-dilutive.
At June 30, 2025, 2024 and 2023, the number of performance units excluded from the calculation of diluted EPS was 142,178, 142,535 and 92,638 respectively. Contingently issuable shares with performance conditions are evaluated for inclusion in diluted EPS if, at the end of the current period, conditions would be satisfied as if it were the end of the contingency period.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Aug 22, 2025 | Showing above |
| 2024 | Aug 23, 2024 | |
| 2023 | Aug 24, 2023 | |
| 2022 | Aug 29, 2022 | |
| 2021 | Aug 19, 2021 | |
| 2020 | Aug 27, 2020 | |
| 2019 | Aug 9, 2019 | |
| 2018 | Aug 2, 2018 | |
| 2017 | Aug 2, 2017 | |
| 2016 | Aug 8, 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.