WORLD ACCEPTANCE CORP Earnings Per Share Disclosure
| For the year ended March 31, 2025 | |||||||||||||||||
| Income (Numerator) | Shares (Denominator) | Per Share Amount | |||||||||||||||
| Basic EPS | |||||||||||||||||
| Net income available to common shareholders | $ | 89,741,398 | 5,425,483 | $ | 16.54 | ||||||||||||
| Effect of dilutive securities options and restricted stock | — | 81,502 | |||||||||||||||
| Diluted EPS | |||||||||||||||||
| Net income available to common shareholders including dilutive securities | $ | 89,741,398 | 5,506,985 | $ | 16.30 | ||||||||||||
| For the year ended March 31, 2024 | |||||||||||||||||
| Income (Numerator) | Shares (Denominator) | Per Share Amount | |||||||||||||||
| Basic EPS | |||||||||||||||||
| Net income available to common shareholders | $ | 77,345,227 | 5,748,554 | $ | 13.45 | ||||||||||||
| Effect of dilutive securities options and restricted stock | — | 113,346 | |||||||||||||||
| Diluted EPS | |||||||||||||||||
| Net income available to common shareholders including dilutive securities | $ | 77,345,227 | 5,861,900 | $ | 13.19 | ||||||||||||
| For the year ended March 31, 2023 | |||||||||||||||||
| Income (Numerator) | Shares (Denominator) | Per Share Amount | |||||||||||||||
| Basic EPS | |||||||||||||||||
| Net income available to common shareholders | $ | 21,231,990 | 5,749,492 | $ | 3.69 | ||||||||||||
| Effect of dilutive securities options and restricted stock | — | 149,178 | |||||||||||||||
| Diluted EPS | |||||||||||||||||
| Net income available to common shareholders including dilutive securities | $ | 21,231,990 | 5,898,670 | $ | 3.60 | ||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | May 22, 2025 | Showing above |
| 2024 | May 23, 2024 | |
| 2023 | Jun 1, 2023 | |
| 2022 | May 27, 2022 | |
| 2021 | Jun 2, 2021 | |
| 2020 | May 29, 2020 | |
| 2019 | May 24, 2019 | |
| 2018 | Jun 13, 2018 | |
| 2017 | Jun 29, 2017 | |
| 2016 | Jun 1, 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.