REGIS CORPRGS

REGIS CORP Earnings Per Share Disclosure

10-KFiled Sep 3, 20251 min read
EARNINGS PER SHARE
The Company's basic earnings per share is calculated as net income (loss) divided by weighted average common shares outstanding, excluding unvested outstanding stock options (SOs), outstanding stock appreciation rights (SARs), restricted stock units (RSUs), and stock-settled performance units (PSUs). The Company's diluted earnings per share is calculated as net income (loss) divided by weighted average common shares and common share equivalents outstanding, which includes shares issued under the Company's stock-based compensation plans and warrants issued in connection with the Company's credit agreement. Stock-based awards with exercise prices greater than the average market price of the Company's common stock are excluded from the computation of diluted earnings per share. The computation of weighted average shares outstanding, assuming dilution, excluded stock-based awards as detailed below, as they were not dilutive under the treasury stock method.
The following table sets forth the presentation of shares outstanding used in the calculation of basic and diluted earnings per share (EPS):
Fiscal Years
202520242023
(Shares in thousands)
Denominator for basic EPS - weighted average common shares2,364 2,339 2,323 
Dilutive shares associated with option plans316 36 — 
Denominator for diluted EPS - weighted average common shares and dilutive potential common shares2,680 2,375 2,323 
Stock-based awards excluded from EPS calculation - anti-dilutive189 217 198 

Historical Timeline

Fiscal YearFiled
2025Sep 3, 2025Showing above
2024Aug 28, 2024
2023Aug 23, 2023
2022Aug 23, 2022
2021Aug 26, 2021
2020Aug 31, 2020
2019Aug 27, 2019

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.

Other Available Disclosures

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