SCANSOURCE, INC. Earnings Per Share Disclosure
| Fiscal year ended June 30, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| (in thousands, except per share data) | |||||||||||||||||
| Numerator: | |||||||||||||||||
| Net income from continuing operations | $ | 71,548 | $ | 77,060 | $ | 88,092 | |||||||||||
| Net income from discontinued operations | — | — | 1,717 | ||||||||||||||
| Net income | $ | 71,548 | $ | 77,060 | $ | 89,809 | |||||||||||
| Denominator: | |||||||||||||||||
| Weighted-average shares, basic | 23,442 | 24,868 | 25,142 | ||||||||||||||
| Dilutive effect of share-based payments | 397 | 354 | 220 | ||||||||||||||
| Weighted-average shares, diluted | 23,839 | 25,222 | 25,362 | ||||||||||||||
| Net income from continuing operations per common share, basic | $ | 3.05 | $ | 3.10 | $ | 3.50 | |||||||||||
| Net income from discontinued operations per common share, basic | — | — | 0.07 | ||||||||||||||
| Net income per common share, basic | $ | 3.05 | $ | 3.10 | $ | 3.57 | |||||||||||
| Net income from continuing operations per common share, diluted | $ | 3.00 | $ | 3.06 | $ | 3.47 | |||||||||||
| Net income from discontinued operations per common share, diluted | — | — | 0.07 | ||||||||||||||
| Net income per common share, diluted | $ | 3.00 | $ | 3.06 | $ | 3.54 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Aug 21, 2025 | Showing above |
| 2024 | Aug 27, 2024 | |
| 2023 | Aug 22, 2023 | |
| 2022 | Aug 23, 2022 | |
| 2021 | Aug 24, 2021 | |
| 2020 | Aug 31, 2020 | |
| 2019 | Aug 22, 2019 | |
| 2018 | Aug 28, 2018 | |
| 2017 | Aug 29, 2017 | |
| 2016 | Aug 29, 2016 | |
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.