PERMA FIX ENVIRONMENTAL SERVICES INC Earnings Per Share Disclosure
(LOSS) INCOME PER SHARE
| Years Ended | ||||||||
| (Amounts in Thousands, Except for Per Share Amounts) | December 31, | |||||||
| 2024 | 2023 | |||||||
| (Loss) income per common share from continuing operations | ||||||||
| (Loss) income from continuing operations, net of taxes | $ | (19,569 | ) | $ | 918 | |||
| Basic (loss) income per share | $ | (1.30 | ) | $ | .07 | |||
| Diluted (loss) income per share | $ | (1.30 | ) | $ | .07 | |||
| Loss per common share from discontinued operations, | ||||||||
| Loss from discontinued operations, net of taxes | $ | (410 | ) | $ | (433 | ) | ||
| Basic loss per share | $ | (.03 | ) | $ | (.03 | ) | ||
| Diluted loss per share | $ | (.03 | ) | $ | (.03 | ) | ||
| Net (loss) income per common share | ||||||||
| Net (loss) income | $ | (19,979 | ) | $ | 485 | |||
| Basic (loss) income per share | $ | (1.33 | ) | $ | .04 | |||
| Diluted (loss) income per share | $ | (1.33 | ) | $ | .04 | |||
| Weighted average shares outstanding: | ||||||||
| Basic weighted average shares outstanding | 15,072 | 13,506 | ||||||
| Add: dilutive effect of stock options | 215 | |||||||
| Add: dilutive effect of warrants | 18 | |||||||
| Diluted weighted average shares outstanding | 15,072 | 13,739 | ||||||
For year ended December 31, 2024, weighted average shares of common stock underlying options and warrants were excluded from the computation of diluted EPS because the effect would be anti-dilutive.
For the year ended December 31, 2023, weighted average shares of common stock underlying options were excluded from the computation of diluted EPS because the effect would be anti-dilutive.
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.