Loar Holdings Inc. Earnings Per Share Disclosure
11. Net Income (Loss) per Common Share and Common Unit
Net income (loss) per common share and common unit was computed as follows (in thousands, except per common share and per common unit amounts):
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Years Ended December 31, |
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2025 |
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2024 |
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2023 |
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Net income (loss) |
|
$ |
72,146 |
|
|
$ |
22,231 |
|
|
$ |
(4,615 |
) |
Denominator for basic and diluted earnings per common share: |
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Weighted-average common shares outstanding - basic |
|
|
93,597 |
|
|
|
89,366 |
|
|
n/a |
|
|
Effect of dilutive common shares |
|
|
2,296 |
|
|
|
2,318 |
|
|
n/a |
|
|
Weighted average common shares outstanding—diluted |
|
|
95,893 |
|
|
|
91,684 |
|
|
n/a |
|
|
Net income per common shares—basic |
|
$ |
0.77 |
|
|
$ |
0.25 |
|
|
n/a |
|
|
Net income per common shares—diluted |
|
$ |
0.75 |
|
|
$ |
0.24 |
|
|
n/a |
|
|
|
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|
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Denominator for basic and diluted earnings per common unit: |
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|
|
|
|
|
|
|
|
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Weighted average common units outstanding—basic |
|
n/a |
|
|
n/a |
|
|
|
204 |
|
||
Effect of dilutive common units |
|
n/a |
|
|
n/a |
|
|
|
— |
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||
Weighted average common units outstanding—diluted |
|
n/a |
|
|
n/a |
|
|
|
204 |
|
||
Net (loss) per common unit—basic and diluted |
|
n/a |
|
|
n/a |
|
|
$ |
(22,620.18 |
) |
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For the years ended December 31, 2025 and 2024, respectively, 1,027,000 and 652,000 potentially dilutive outstanding stock options were excluded from the calculation of diluted income per common share because the exercise prices are greater than the average share price the Company's common stock, and their inclusion would be anti-dilutive. In the year ended December 31, 2023, there were no potentially dilutive units so that basic and diluted net loss per common unit are the same.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 2, 2026 | Showing above |
| 2024 | Mar 31, 2025 | |
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.