GRACO INC Earnings Per Share Disclosure
| 2025 | 2024 | 2023 | |||||||||||||||
| Net earnings available to common shareholders | $ | 521,839 | $ | 486,084 | $ | 506,511 | |||||||||||
| Weighted average shares outstanding for basic earnings per share | 166,381 | 168,884 | 168,442 | ||||||||||||||
| Dilutive effect of stock options computed based on the treasury stock method using the average market price | 2,838 | 3,521 | 3,757 | ||||||||||||||
| Weighted average shares outstanding for diluted earnings per share | 169,219 | 172,405 | 172,199 | ||||||||||||||
| Basic earnings per share | $ | 3.14 | $ | 2.88 | $ | 3.01 | |||||||||||
| Diluted earnings per share | $ | 3.08 | $ | 2.82 | $ | 2.94 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 17, 2026 | Showing above |
| 2024 | Feb 18, 2025 | |
| 2023 | Feb 20, 2024 | |
| 2022 | Feb 21, 2023 | |
| 2021 | Feb 22, 2022 | |
| 2020 | Feb 16, 2021 | |
| 2019 | Feb 18, 2020 | |
| 2018 | Feb 19, 2019 | |
| 2017 | Feb 20, 2018 | |
| 2016 | Feb 21, 2017 | |
| 2015 | Feb 16, 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.