SYNAPTICS Inc Earnings Per Share Disclosure
| 2025 | 2024 | 2023 | |||||||||||||||
| Numerator: | |||||||||||||||||
| Net (loss)/income | $ | (47.8) | $ | 125.6 | $ | 73.6 | |||||||||||
| Denominator: | |||||||||||||||||
| Shares, basic | 39.3 | 39.2 | 39.6 | ||||||||||||||
| Effect of dilutive share-based awards and convertible notes | 0.0 | 0.5 | 0.6 | ||||||||||||||
| Shares, diluted | 39.3 | 39.7 | 40.2 | ||||||||||||||
| Net (loss)/income per share: | |||||||||||||||||
| Basic | $ | (1.22) | $ | 3.20 | $ | 1.86 | |||||||||||
| Diluted | $ | (1.22) | $ | 3.16 | $ | 1.83 | |||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Share-based awards | 3.3 | 0.2 | 0.7 | ||||||||||||||
| Convertible senior notes | 4.5 | — | — | ||||||||||||||
| Total | 7.8 | 0.2 | 0.7 | ||||||||||||||
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.