CARRIAGE SERVICES INC

For the period ended Jun 30, 2025. Filed Aug 7, 2025.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 7, 2025

CSV$28.63+6.8%Stored close · as of Nov 9, 2026

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11. Earnings Per Share

EARNINGS PER SHARE

The following table sets forth the computation of the basic and diluted earnings per share (in thousands, except per share data):

	Three months ended June 30,		Six months ended June 30,
	2025	2024	2025	2024
Numerator for basic and diluted earnings per share:
Net income	$11,739	$6,259	$32,665	$13,232
Less: Earnings allocated to unvested restricted stock	(175)	(93)	(510)	(194)
Income attributable to common stockholders	$11,564	$6,166	$32,155	$13,038
Denominator:
Denominator for basic earnings per common share – weighted average shares outstanding	15,458	14,965	15,352	14,920
Effect of dilutive securities:
Stock options	195	22	176	20
Performance awards	—	416	—	416
Denominator for diluted earnings per common share – weighted average shares outstanding	15,653	15,403	15,528	15,356
Basic earnings per common share:	$0.75	$0.41	$2.09	$0.87
Diluted earnings per common share:	$0.74	$0.40	$2.07	$0.85

Stock options excluded from the computation of diluted earnings per share because the inclusion of such stock options would result in an antidilutive effect are as follows (in thousands):

	Three months ended June 30,		Six months ended June 30,
	2025	2024	2025	2024
Antidilutive stock options	228	1,433	224	1,456

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