CorVel Corp. Just Filed Its Annual Report: Earnings Per Share...

Earnings Per Share: Earnings per common share-basic is based on the weighted average number of common shares outstanding during the period. Earnings per common shares-diluted is based on the weighted average number of common shares and common share equivalents outstanding during the period. In calculating earnings per share, earnings are the same for the basic and diluted calculations. Weighted average shares outstanding is greater for diluted earnings per share due to the effect of stock options.

The difference between the basic shares and the diluted shares for each of the three fiscal years ended March 31, 2014, 2015, and 2016 is as follows:

 

     Fiscal 2014      Fiscal 2015      Fiscal 2016  

Basic weighted shares

     21,104,000         20,669,000         19,826,000   

Treasury stock impact of stock options

     268,000         221,000         178,000   
  

 

 

    

 

 

    

 

 

 

Diluted weighted shares

     21,372,000         20,890,000         20,004,000   
  

 

 

    

 

 

    

 

 

 

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

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Other recent filings from the company include the following:

a Material Definitive - Sept. 5, 2017

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