Simply Good Foods CoSMPL

Simply Good Foods Co Earnings Per Share Disclosure

10-KFiled Oct 28, 20252 min read
Earnings Per Share
Basic earnings or loss per share is based on the weighted average number of common shares issued and outstanding. In computing diluted earnings per share, basic earnings per share is adjusted for the assumed issuance of all potentially dilutive securities, including the Company’s employee stock options and non-vested stock units.

In periods in which the Company has a net loss, diluted loss per share is based on the weighted average number of common shares issued and outstanding as the effect of including common stock equivalents outstanding would be anti-dilutive.

The following table reconciles the numerators and denominators used in the computations of both basic and diluted earnings per share:
52-Weeks Ended53-Weeks Ended52-Weeks Ended
(In thousands, except share and per share data)August 30, 2025August 31, 2024August 26, 2023
Basic earnings per share computation:
Numerator:
Net income available to common stock stockholders$103,614 $139,309 $133,575 
Denominator:
Weighted average common shares outstanding – basic100,695,181 99,929,196 99,442,046 
Basic earnings per share from net income$1.03 $1.39 $1.34 
Diluted earnings per share computation:
Numerator:
Numerator for diluted earnings per share$103,614 $139,309 $133,575 
Denominator:
Weighted average common shares outstanding – basic100,695,181 99,929,196 99,442,046 
Employee stock options629,800 1,112,459 1,241,762 
Non-vested stock units185,791 240,233 196,271 
Weighted average common shares – diluted101,510,772 101,281,888 100,880,079 
Diluted earnings per share from net income$1.02 $1.38 $1.32 

Diluted earnings per share calculations for the fifty-two weeks ended August 30, 2025, the fifty-three weeks ended August 31, 2024, and the fifty-two weeks ended August 26, 2023, excluded 0.7 million shares, 0.8 million shares, and 0.6 million shares of common stock issuable upon exercise of stock options, respectively, that would have been anti-dilutive.

Diluted earnings per share calculations for the fifty-two weeks ended August 30, 2025, the fifty-three weeks ended August 31, 2024, and the fifty-two weeks ended August 26, 2023, excluded an immaterial number of non-vested restricted stock units that would have been anti-dilutive.

Historical Timeline

Fiscal YearFiled
2025Oct 28, 2025Showing above
2024Oct 29, 2024
2023Oct 24, 2023
2022Oct 21, 2022
2021Oct 26, 2021
2020Oct 28, 2020
2019Oct 30, 2019
2018Oct 24, 2018
2017Nov 9, 2017

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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