Earnings Per Share
For the year ended202520242023
Net income (loss) – Basic and Diluted$8,539 $778 $(5,833)
Weighted-average common shares outstanding – Basic1,116 1,105 1,093 
Dilutive effect of equity compensation plans
13 — 
Weighted-average common shares outstanding – Diluted1,125 1,118 1,093 
Earnings (loss) per share
Basic$7.65 $0.70 $(5.34)
Diluted7.59 0.70 (5.34)

Antidilutive potential common shares excluded from the computation of diluted earnings per share, that could dilute basic earnings per share in the future, were as follows at the end of the periods shown:
For the year ended202520242023
Equity compensation plans
33 

Historical Timeline

Fiscal YearFiled
2025Oct 3, 2025Showing above
2024Oct 4, 2024
2023Oct 6, 2023
2022Oct 7, 2022
2021Oct 8, 2021
2020Oct 19, 2020
2019Oct 17, 2019
2018Oct 15, 2018
2017Oct 26, 2017
2016Oct 28, 2016
2015Oct 27, 2015

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.