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 share-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 decreased in the June 2016 quarter compared to the same quarter of the prior year primarily due to repurchases of shares under the Company’s share repurchase program. See also Note D.
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 CorVel Corp. makes a similar move, sign up!
Other recent filings from the company include the following:
Exec. VP of CorVel Corp. just picked up 1,070 shares - Nov. 22, 2017
CorVel Corp. Just Filed Its Quarterly Report: Note D — Weighted A... - Nov. 14, 2017
Notification of inability to timely file Form 10-Q or 10-QSB - Nov. 13, 2017
CorVel Corp.'s Chief Information Officer just cashed-in 1,000 options - Nov. 9, 2017
CorVel Corp.'s Chief Information Officer was just granted 8,000 options - Nov. 6, 2017