INSPERITY, INC. Earnings Per Share Disclosure
| 10. | Earnings Per Share | ||||
| Year Ended December 31, | |||||||||||
(in millions) | 2025 | 2024 | 2023 | ||||||||
| Net income (loss) | $ | (7) | $ | 91 | $ | 171 | |||||
| Weighted average common shares outstanding | 38 | 38 | 38 | ||||||||
| Adjusted weighted average common shares outstanding | 38 | 38 | 38 | ||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 11, 2026 | Showing above |
| 2023 | Feb 9, 2024 | |
| 2022 | Feb 10, 2023 | |
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.