KLX Energy Services Holdings, Inc. Earnings Per Share Disclosure
| Year Ended | ||||||||||||||
| December 31, 2024 | December 31, 2023 | |||||||||||||
| Net (loss) income | $ | (53.0) | $ | 19.2 | ||||||||||
| (Shares in millions) | ||||||||||||||
| Basic weighted average common shares | 16.2 | 15.6 | ||||||||||||
| Effect of dilutive securities - dilutive securities | — | 0.1 | ||||||||||||
| Diluted weighted average common shares | 16.2 | 15.7 | ||||||||||||
| Basic net (loss) income per common share | $ | (3.27) | $ | 1.23 | ||||||||||
| Diluted net (loss) income per common share | $ | (3.27) | $ | 1.22 | ||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2024 | Mar 13, 2025 | Showing above |
| 2021 | Apr 28, 2021 | |
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.