TTEC Holdings, Inc. Earnings Per Share Disclosure
(18)WEIGHTED AVERAGE SHARE COUNTS
The following table sets forth the computation of basic and diluted shares for the periods indicated (in thousands):
Year Ended December 31, |
| |||||||
| | 2025 | | 2024 | | 2023 |
| |
Shares used in basic earnings per share calculation |
| 48,211 |
| 47,614 |
| 47,335 | ||
Effect of dilutive securities: | ||||||||
Restricted stock units |
| — |
| — |
| 78 | ||
Performance-based restricted stock units |
| — |
| — |
| 6 | ||
Total effects of dilutive securities |
| — |
| — |
| 84 | ||
Shares used in dilutive earnings per share calculation |
| 48,211 |
| 47,614 |
| 47,419 | ||
For the years ended December 31, 2025, 2024 and 2023, restricted stock units of 3.2 million, 2.6 million, and 0.9 million, respectively, were outstanding but not included in the computation of diluted net income per share because the effect would have been anti-dilutive.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 26, 2026 | Showing above |
| 2024 | Feb 27, 2025 | |
| 2023 | Feb 29, 2024 | |
| 2022 | Feb 28, 2023 | |
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.