NOTE 8 - EARNINGS PER SHARE (“EPS”)

Basic earnings per share are based on the weighted average number of ordinary shares outstanding, net of treasury shares. Diluted EPS is based on those shares used in basic EPS plus shares that would have been outstanding assuming issuance of ordinary shares for all dilutive potential ordinary shares outstanding.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Numerator for EPS:
Net income	$	7,677	$	4,841	$	19,148	$	12,096
Denominator for EPS:
Weighted average shares outstanding – basic		12,998,137		12,911,050		12,989,582		11,776,747
Dilutive shares		146,455		167,417		168,722		127,297
Weighted average shares outstanding – diluted		13,144,592		13,078,467		13,158,304		11,904,044

EPS:
Basic	$	0.59	$	0.37	$	1.47	$	1.03
Diluted	$	0.58	$	0.37	$	1.46	$	1.02

Increase in authorized share capital

At a shareholder meeting in September 2026, TAT’s shareholders approved the increase of its authorized share capital from 19,000,000 to 23,000,000.