Carter's Just Filed Its Quarterly Report: EARNINGS PER SHARETh...

EARNINGS PER SHARE

The following is a reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding:
Fiscal quarter endedTwo fiscal quarters ended
July 3, 2021June 27, 2020July 3, 2021June 27, 2020
Weighted-average number of common and common equivalent shares outstanding:
Basic number of common shares outstanding
43,445,780 43,162,571 43,408,262 43,259,103 
Dilutive effect of equity awards(1)
169,631 147,480 151,468 — 
Diluted number of common and common equivalent shares outstanding43,615,411 43,310,051 43,559,730 43,259,103 
Earnings per share:
(dollars in thousands, except per share data)
Basic net income (loss) per common share:
Net income (loss)
$71,603 $8,156 $157,799 $(70,538)
Income allocated to participating securities
(860)(86)(1,896)(252)
Net income (loss) available to common shareholders
$70,743 $8,070 $155,903 $(70,790)
Basic net income (loss) per common share
$1.63 $0.19 $3.59 $(1.64)
Diluted net income (loss) per common share:
Net income (loss)
$71,603 $8,156 $157,799 $(70,538)
Income allocated to participating securities
(857)(86)(1,890)(252)
Net income (loss) available to common shareholders
$70,746 $8,070 $155,909 $(70,790)
Diluted net income (loss) per common share
$1.62 $0.19 $3.58 $(1.64)
Anti-dilutive awards excluded from diluted earnings per share computation(2)
171,653 957,041 288,122 559,470
(1)For the two fiscal quarters ended June 27, 2020, there were 230,286 potentially dilutive equity awards that were excluded from the diluted earnings per share calculation because the Company incurred a net loss for this period and their inclusion would be anti-dilutive.
(2)The volume of anti-dilutive awards is, in part, due to the related unamortized compensation costs.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

To receive a free e-mail notification whenever Carter's makes a similar move, sign up!

Auto Refresh

Feedback