The following are reconciliations of the denominators used in computing basic and diluted net income per share (in thousands):
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Three Months Ended July 31, |
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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 |
$ |
4,876 |
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$ |
(930 |
) |
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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876 |
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— |
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Net income (loss) attributable to Immersion Stockholders, basic |
$ |
5,752 |
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$ |
(930 |
) |
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Denominator: |
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Weighted-average shares outstanding, basic |
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33,153 |
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32,615 |
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Net income (loss) attributable to Immersion stockholders per share, basic |
$ |
0.17 |
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$ |
(0.03 |
) |
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Diluted |
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Numerator: |
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Net income (loss) attributable to Immersion Stockholders |
$ |
4,876 |
|
|
$ |
(930 |
) |
Adjustment for Immersion's portion of Barnes & Noble Education’s EPS to be included in the numerator for Immersion's diluted EPS calculation (a) |
|
876 |
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|
— |
|
Net income (loss) attributable to Immersion stockholders, diluted |
$ |
5,752 |
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|
$ |
(930 |
) |
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Denominator: |
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Weighted-average shares outstanding, basic |
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33,153 |
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32,615 |
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Shares related to outstanding options, unvested RSUs, RSAs, and PSUs |
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150 |
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— |
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Weighted average shares outstanding, diluted |
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33,303 |
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32,615 |
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Net income (loss) attributable to Immersion stockholders per share, diluted |
$ |
0.17 |
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|
$ |
(0.03 |
) |
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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