USANA HEALTH SCIENCES INCUSNA

USANA HEALTH SCIENCES INC Earnings Per Share Disclosure

10-KFiled Mar 16, 20262 min read
COMMON STOCK AND EARNINGS PER SHARE
Basic earnings per share (“EPS”) are based on the weighted-average number of shares outstanding for each period. Shares that have been repurchased and retired during the periods specified below have been included in the calculation of the number of weighted-average shares that are outstanding for the calculation of basic EPS based on the time they were outstanding in any period. Diluted EPS are based on shares that are outstanding (computed under basic EPS) and on potentially dilutive shares. Shares that are included in the diluted EPS calculations under the treasury stock method include equity awards that are in-the-money but have not yet been exercised.
The following is a reconciliation of the numerator and denominator used to calculate basic EPS and diluted EPS for the periods indicated:
Year Ended
202520242023
Net earnings attributable to USANA$10,760 $42,030 $63,788 
Weighted average common shares outstanding - basic18,535 19,103 19,250 
Dilutive effect of in-the-money equity awards39 59 95 
Weighted average common shares outstanding - diluted18,574 19,162 19,345 
Earnings per common share from net earnings attributable to USANA:
Basic$0.58 $2.20 $3.31 
Diluted$0.58 $2.19 $3.30 
Anti-dilutive equity awards excluded from computation of diluted EPS attributable to USANA521567319
During the years ended 2025, 2024, and 2023 the Company repurchased and retired 927 shares for $27,738 including accrued excise tax of $231, 194 shares for $9,483 including accrued excise tax of $39, and 180 shares for $11,653 including accrued excise tax of $54, respectively.

Historical Timeline

Fiscal YearFiled
2026Mar 16, 2026Showing above
2024Mar 12, 2025
2023Feb 27, 2024
2022Feb 28, 2023
2021Mar 2, 2021
2019Feb 25, 2020
2018Feb 26, 2019
2017Feb 28, 2018
2016Mar 1, 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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