HELEN OF TROY LTDHELE

HELEN OF TROY LTD Earnings Per Share Disclosure

10-KFiled Apr 23, 20261 min read
Note 19 - Earnings Per Share

We compute basic earnings per share using the weighted average number of shares of common stock outstanding during the period. We compute diluted earnings per share using the weighted average number of shares of common stock outstanding plus the effect of dilutive securities. Dilutive securities at any given point in time may consist of outstanding options to purchase common stock and issued and contingently issuable unvested RSUs, PSUs, RSAs, PSAs and other stock-based awards (see Note 8). Anti-dilutive securities are not included in the computation of diluted earnings per share under the treasury stock method.

The following table presents our weighted average basic and diluted shares outstanding for the periods shown:
 Fiscal Years Ended Last Day of February,
(in thousands)202620252024
Weighted average shares outstanding, basic23,002 23,012 23,865 
Incremental shares from share-based compensation arrangements— 53 105 
Weighted average shares outstanding, diluted (1)23,002 23,065 23,970 
Anti-dilutive securities378 131 44 
(1)Due to the net loss for fiscal 2026, 97 thousand incremental shares from share-based compensation arrangements were excluded from the computation of diluted weighted average shares outstanding because their effect would be anti-dilutive.

Historical Timeline

Fiscal YearFiled
2026Apr 23, 2026Showing above
2025Apr 24, 2025
2024Apr 24, 2024
2023Apr 27, 2023
2022Apr 28, 2022
2021Apr 29, 2021
2020Apr 29, 2020
2019Apr 29, 2019
2018Apr 30, 2018
2017May 1, 2017

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.

Other Available Disclosures

Income TaxesRevenueFair ValuePP&EGoodwill & IntangiblesLeasesSegmentsDebtCommitmentsStock CompensationNew StandardsPay vs Performance