| EARNINGS PER SHARE The following table sets forth the reconciliation of the numerator and the denominator of basic and diluted earnings per share for the years ended March 31, 2025, 2024 and 2023: | | | | | | | | | | | | | | | | | | | | | | | Year Ended March 31, | | (amounts in thousands, except per share data) | | 2025 | | 2024 | | 2023 | | Net income | | $ | 137,484 | | | $ | 102,539 | | | $ | 96,574 | | | | | | | | | | Income attributable to redeemable noncontrolling interest | | (832) | | | (891) | | | (139) | | | Net income attributable to CSW Industrials, Inc. | | $ | 136,652 | | | $ | 101,648 | | | $ | 96,435 | | | Weighted average shares: | | | | | | | | Common stock | | 16,148 | | | 15,427 | | | 15,401 | | | Participating securities | | 94 | | | 106 | | | 108 | | | Denominator for basic earnings per common share | | 16,242 | | | 15,533 | | | 15,509 | | | Potentially dilutive securities | | 72 | | | 48 | | | 37 | | | Denominator for diluted earnings per common share | | 16,314 | | | 15,581 | | | 15,546 | | | | | | | | | | Basic earnings per common share: | | $ | 8.41 | | | $ | 6.54 | | | $ | 6.22 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Diluted earnings per common share: | | $ | 8.38 | | | $ | 6.52 | | | $ | 6.20 | | | | | | | | | | | | | | | | | | | | | | |
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