SERVICE CORP INTERNATIONAL

For the period ended Dec 31, 2023. Filed Feb 13, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 13, 2024

SCI$73.17-0.8%Stored close · as of Nov 9, 2026

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Contents

15. Earnings Per Share

PART II

Earnings Per Share

Basic earnings per common share (EPS) excludes dilution and is computed by dividing Net income attributable to common stockholders by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other obligations to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that shared in our earnings.

A reconciliation of the numerators and denominators of basic and diluted EPS is presented below:

	Years Ended December 31,
	2023	2022	2021
(In thousands, except per share amounts)
Amounts attributable to common stockholders:
Net income — basic and diluted	$537,317	$565,338	$802,939
Weighted average shares:
Weighted average shares — basic	150,565	157,713	167,542
Stock options	1,726	2,343	2,501
Restricted share units	60	75	71
Weighted average shares — diluted	152,351	160,131	170,114
Amounts attributable to common stockholders:
Net income per share:
Basic	$3.57	$3.58	$4.79
Diluted	$3.53	$3.53	$4.72

The computation of diluted earnings per share excludes outstanding stock options in certain periods in which the inclusion of such options would be antidilutive to the periods presented. Total antidilutive options not currently included in the computation of dilutive EPS are as follows (in shares):

	Years Ended December 31,
	2023	2022	2021
(In thousands)
Antidilutive options	845	490	—

80 Service Corporation International

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