MAGNACHIP SEMICONDUCTOR Corp Earnings Per Share Disclosure
Year Ended December 31, |
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2024 |
2023 |
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(In thousands of U.S. dollars, except share data) |
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Basic loss per share |
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Net loss |
$ | (54,308 | ) | $ | (36,622 | ) | ||
Basic weighted average common stock outstanding |
37,774,280 | 41,013,069 | ||||||
Basic loss per common share |
$ | (1.44 | ) | $ | (0.89 | ) | ||
Diluted loss per share |
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Net loss |
$ | (54,308 | ) | $ | (36,622 | ) | ||
Basic weighted average common stock outstanding |
37,774,280 | 41,013,069 | ||||||
Net effect of dilutive equity awards |
— | — | ||||||
Diluted weighted average common stock outstanding |
37,774,280 | 41,013,069 | ||||||
Diluted loss per common share |
$ | (1.44 | ) | $ | (0.89 | ) | ||
Year Ended December 31, |
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2024 |
2023 |
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Options |
728,792 | 802,858 | ||||||
Restricted Stock Units |
1,953,742 | 1,006,367 | ||||||
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.