SONO TEK CORP Earnings Per Share Disclosure
| February 28, 2025 | February 29, 2024 | |||||||
| Numerator for basic and diluted earnings per share | $ | 1,273,414 | $ | 1,441,463 | ||||
| Denominator for basic earnings per share - weighted average | 15,750,997 | 15,743,763 | ||||||
| Effects of dilutive securities: | ||||||||
| Stock options for employees, directors and outside consultants | 19,105 | 30,244 | ||||||
| Denominator for diluted earnings per share | 15,770,102 | 15,774,007 | ||||||
| Basic Earnings Per Share – Weighted Average | $ | 0.08 | $ | 0.09 | ||||
| Diluted Earnings Per Share – Weighted Average | $ | 0.08 | $ | 0.09 | ||||
At February 28, 2025, the total number of stock options excluded from the computation of diluted income per share because the effect of inclusion would have been anti-dilutive is .
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | May 28, 2025 | Showing above |
| 2024 | May 23, 2024 | |
| 2023 | May 25, 2023 | |
| 2022 | May 24, 2022 | |
| 2020 | May 29, 2020 | |
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.