FRANKLIN COVEY CO Earnings Per Share Disclosure
16. EARNINGS PER SHARE
The following schedule shows the components of the calculation of our earnings per share (EPS) for the periods indicated (in thousands, except per-share amounts).
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YEAR ENDED |
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AUGUST 31, |
| 2025 |
| 2024 |
| 2023 |
Numerator for basic and |
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diluted earnings per share: |
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Net income | $ | 3,068 | $ | 23,402 | $ | 17,781 |
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Denominator for basic and |
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diluted earnings per share: |
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Basic weighted average shares |
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outstanding |
| 12,927 |
| 13,171 |
| 13,640 |
Effect of dilutive securities: |
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Stock-based compensation |
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awards |
| 126 |
| 301 |
| 659 |
Diluted weighted average shares |
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outstanding |
| 13,053 |
| 13,472 |
| 14,299 |
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EPS Calculations: |
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Net income per share: |
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Basic | $ | 0.24 | $ | 1.78 | $ | 1.30 |
Diluted |
| 0.24 |
| 1.74 |
| 1.24 |
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Nov 12, 2025 | Showing above |
| 2024 | Nov 12, 2024 | |
| 2023 | Nov 13, 2023 | |
| 2022 | Nov 14, 2022 | |
| 2016 | Nov 14, 2016 | |
| 2015 | Nov 13, 2015 | |
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.