Reconciliation of the numerators and denominators in the basic and diluted EPS computations is as follows: | | | | | | | | | | | | | | | | | | | Years Ended December 31, | | | 2025 | | 2024 | | 2023 | | (In thousands) | BASIC EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS | | | | | | | Numerator — Net income attributable to common stockholders | $ | 257,402 | | | 227,751 | | | 200,491 | | | Denominator — Weighted average shares outstanding — Basic | 52,723 | | | 48,803 | | | 45,224 | | DILUTED EPS COMPUTATION FOR NET INCOME ATTRIBUTABLE TO EASTGROUP PROPERTIES, INC. COMMON STOCKHOLDERS | | | | | | | Numerator — Net income attributable to common stockholders | $ | 257,402 | | | 227,751 | | | 200,491 | | | Denominator: | | | | | | | Weighted average shares outstanding — Basic | 52,723 | | | 48,803 | | | 45,224 | | Effect of dilutive securities (1) | 91 | | | 108 | | | 107 | | | Weighted average shares outstanding — Diluted | 52,814 | | | 48,911 | | | 45,331 | |
(1)Potentially dilutive securities include outstanding forward equity sale agreements and unvested restricted shares of common stock. See Note 1(m) for additional information.
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