WOLFSPEED, INC. Earnings Per Share Disclosure
| Fiscal Years Ended | |||||||||||||||||
| (in millions of U.S. Dollars, except share data) | June 29, 2025 | June 30, 2024 | June 25, 2023 | ||||||||||||||
| Net loss from continuing operations | $ | (1,609.2) | $ | (573.6) | $ | (260.5) | |||||||||||
| Net loss from discontinued operations | — | (290.6) | (69.4) | ||||||||||||||
| Weighted average number of common shares - basic and diluted (in thousands) | 141,320 | 125,693 | 124,374 | ||||||||||||||
| Loss per share - basic and diluted: | |||||||||||||||||
| Continuing operations | $ | (11.39) | $ | (4.56) | $ | (2.09) | |||||||||||
| Discontinued operations | $ | — | $ | (2.31) | $ | (0.56) | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Aug 26, 2025 | Showing above |
| 2020 | Aug 19, 2020 | |
| 2018 | Aug 20, 2018 | |
| 2017 | Aug 23, 2017 | |
| 2016 | Aug 25, 2016 | |
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.