Note 12 - Earnings Per Share |
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Sep. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||
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| Earnings Per Share [Text Block] |
12) Earnings Per Share
The Company uses shares acquired through treasury stock repurchases for the issuance of shares of common stock for the settlement of awards under its stock-based compensation plans, with the net effect of these transactions accounting for the change in common stock outstanding.
The following table sets forth a reconciliation of the number of shares (in thousands) used in the computation of basic and diluted earnings per share:
For the three months ended September 30, 2026, 37,254 share awards were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive. There were no outstanding share awards that had an anti-dilutive effect for the three months ended September 30, 2025.
Earnings available to common stockholders are the same for computing both basic and diluted earnings per share.
Performance stock units of 37,403 and 63,762 for the three months ended September 30, 2026 and 2025, respectively, are excluded from the diluted earnings per share calculation as the performance criteria have not been met.
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