Kirkland's Just Filed Its Quarterly Report: Note 4 – Earnings (L...


Note 4 – Earnings (Loss) Per Share


Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares outstanding during each period presented. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares outstanding plus the dilutive effect of stock equivalents outstanding during the applicable periods using the treasury stock method. Diluted earnings (loss) per share reflects the potential dilution that could occur if options to purchase stock were exercised into common stock and if outstanding grants of restricted stock were vested. Stock options and restricted stock units that were not included in the computation of diluted earnings (loss) per share, because to do so would have been antidilutive, were approximately 50,000 shares and 1.2 million shares for the 13-week periods ended May 1, 2021 and May 2, 2020, respectively.

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:

Kirkland's releases salary data. CEO sees compensation rise 15% - May 6, 2022
Additional definitive proxy soliciting materials and Rule 14(a)(12) material - May 6, 2022

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