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 fiscal years ended March 31, 2015, 2016 and 2017 is as follows:

 

 

 

Fiscal 2015

 

 

Fiscal 2016

 

 

Fiscal 2017

 

Basic weighted shares

 

 

20,669,000

 

 

 

19,826,000

 

 

 

19,418,000

 

Treasury stock impact of stock options

 

 

221,000

 

 

 

178,000

 

 

 

152,000

 

Diluted weighted  shares

 

 

20,890,000

 

 

 

20,004,000

 

 

 

19,570,000

 

 

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:

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

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