Sonic Corp. Just Filed Its Annual Report: 2.  Earnings Per ...

2.  Earnings Per Share



The following table sets forth the computation of basic and diluted earnings per share:





 

 

 

 

 

 

 

 



Fiscal Year Ended August 31,



2016

 

2015

 

2014

Numerator:

 

 

 

 

 

 

 

 

Net income

$

64,067 

 

$

64,485 

 

$

47,916 



 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average common shares
  outstanding– basic

 

48,703 

 

 

52,572 

 

 

55,164 

Effect of dilutive employee stock options

 

 

 

 

 

 

 

 

  and unvested RSUs

 

966 

 

 

1,381 

 

 

1,455 

Weighted average common shares
   outstanding – diluted

 

49,669 

 

 

53,953 

 

 

56,619 



 

 

 

 

 

 

 

 

Net income per common share – basic

$

1.32 

 

$

1.23 

 

$

0.87 

Net income per common share – diluted

$

1.29 

 

$

1.20 

 

$

0.85 



 

 

 

 

 

 

 

 

Anti-dilutive securities excluded(1)

 

615 

 

 

342 

 

 

988 

—————————

 

 

 

 

 

 

 

 

(1) Anti-dilutive securities consist of stock options and unvested RSUs that were not included in the computation of diluted earnings per share because either the exercise price of the options was greater than the average market price of the common stock or the total assumed proceeds under the treasury stock method resulted in negative incremental shares and thus the inclusion would have been anti-dilutive.

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:

Sonic: Documents Incorporated By Reference - Dec. 14, 2018
Sonic Corp. director just disposed of 52,477 shares - Dec. 10, 2018
Sonic Corp. director just disposed of 43,447 shares - Dec. 10, 2018
Sonic Corp. director just disposed of 4,225 shares - Dec. 10, 2018
Sonic Corp. director just declared 0 options and restricted shares - Dec. 10, 2018

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