| Schedule of reconciliation used in computing basic and diluted net income per share |
The following are reconciliations of the denominators used in computing basic and diluted net income per share (in thousands, except per share amounts):
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Fiscal Years Ended April 30, |
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2026 |
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2025 |
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Basic |
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Numerator: |
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Net income (loss) attributable to Immersion Stockholders |
$ |
4,524 |
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|
$ |
64,284 |
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Adjustment for Immersion's portion of Barnes & Noble Education's EPS to be included in the numerator for Immersion's basic EPS calculation (a) |
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(8 |
) |
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|
(1,626 |
) |
Net income (loss) attributable to Immersion Stockholders, basic |
$ |
4,516 |
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|
$ |
62,658 |
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Denominator: |
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Weighted-average shares outstanding, basic |
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32,864 |
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32,219 |
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Net income (loss) attributable to Immersion stockholders per share, basic |
$ |
0.14 |
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$ |
1.94 |
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Diluted |
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Numerator: |
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|
Net income (loss) attributable to Immersion Stockholders |
$ |
4,524 |
|
|
$ |
64,284 |
|
Adjustment for Immersion's portion of Barnes & Noble Education's EPS to be included in the numerator for Immersion's diluted EPS calculation (a) |
|
(27 |
) |
|
|
(1,659 |
) |
Net income (loss) attributable to Immersion stockholders, diluted |
$ |
4,497 |
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|
$ |
62,625 |
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Denominator: |
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Weighted-average shares outstanding, basic |
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32,864 |
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32,219 |
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Shares related to outstanding options, unvested RSUs, RSAs, and PSUs |
|
263 |
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|
784 |
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Weighted-average shares outstanding, diluted |
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33,127 |
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|
|
33,003 |
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Net income (loss) attributable to Immersion stockholders per share, diluted |
$ |
0.14 |
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|
$ |
1.90 |
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(a)Barnes & Noble Education has participating securities. Accordingly, for purposes of Immersion’s basic and diluted net income per share computations using the two-class method, the numerator reflects Immersion’s portion of Barnes & Noble Education’s earnings per share, which is determined by multiplying the shares of Barnes & Noble Education held by Immersion by Barnes & Noble Education’s basic and diluted EPS amounts.
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