MSA Safety Inc Earnings Per Share Disclosure
| (In thousands, except per share amounts) | 2025 | 2024 | 2023 | ||||||||||||||
| Net income | $ | 278,924 | $ | 284,967 | $ | 58,583 | |||||||||||
| Preferred stock dividends | (41) | (41) | (41) | ||||||||||||||
| Net income available to common equity | 278,883 | 284,926 | 58,542 | ||||||||||||||
| Dividends and undistributed earnings allocated to participating securities | (26) | (24) | (26) | ||||||||||||||
| Net income available to common shareholders | $ | 278,857 | $ | 284,902 | $ | 58,516 | |||||||||||
| Basic weighted-average shares outstanding | 39,216 | 39,371 | 39,307 | ||||||||||||||
| Stock options and other stock-based awards | 130 | 164 | 166 | ||||||||||||||
| Diluted weighted-average shares outstanding | 39,346 | 39,535 | 39,473 | ||||||||||||||
| Antidilutive stock-based awards | — | — | — | ||||||||||||||
| Earnings per share: | |||||||||||||||||
| Basic | $ | 7.11 | $ | 7.24 | $ | 1.49 | |||||||||||
| Diluted | $ | 7.09 | $ | 7.21 | $ | 1.48 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 12, 2026 | Showing above |
| 2024 | Feb 14, 2025 | |
| 2023 | Feb 16, 2024 | |
| 2022 | Feb 16, 2023 | |
| 2021 | Feb 18, 2022 | |
| 2020 | Feb 19, 2021 | |
| 2019 | Feb 20, 2020 | |
| 2018 | Feb 22, 2019 | |
| 2017 | Feb 22, 2018 | |
| 2016 | Feb 28, 2017 | |
| 2015 | Feb 29, 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.