ICHOR HOLDINGS, LTD. Earnings Per Share Disclosure
Note 11 – Earnings per Share | ||
| Year Ended | |||||||||||||||||
| December 26, 2025 | December 27, 2024 | December 29, 2023 | |||||||||||||||
| Numerator: | |||||||||||||||||
| Net loss | $ | (52,781) | $ | (20,820) | $ | (42,985) | |||||||||||
| Denominator: | |||||||||||||||||
| Basic weighted average ordinary shares outstanding | 34,232,198 | 32,759,896 | 29,200,796 | ||||||||||||||
| Dilutive effect of options | — | — | — | ||||||||||||||
| Dilutive effect of RSUs | — | — | — | ||||||||||||||
| Dilutive effect of ESPP | — | — | — | ||||||||||||||
| Diluted weighted average ordinary shares outstanding | 34,232,198 | 32,759,896 | 29,200,796 | ||||||||||||||
| Securities excluded from the calculation of diluted weighted average ordinary shares outstanding (1) | 2,841,000 | 2,557,000 | 2,632,000 | ||||||||||||||
| Earnings per share: | |||||||||||||||||
| Net loss per share: | |||||||||||||||||
| Basic | $ | (1.54) | $ | (0.64) | $ | (1.47) | |||||||||||
| Diluted | $ | (1.54) | $ | (0.64) | $ | (1.47) | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 20, 2026 | Showing above |
| 2024 | Feb 21, 2025 | |
| 2023 | Feb 23, 2024 | |
| 2022 | Feb 24, 2023 | |
| 2021 | Feb 28, 2022 | |
| 2020 | Mar 5, 2021 | |
| 2019 | Mar 6, 2020 | |
| 2018 | Mar 8, 2019 | |
| 2017 | Mar 13, 2018 | |
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.