CARRIAGE SERVICES INC

For the period ended Sep 30, 2026. Filed Nov 5, 2026.

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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.

Sep 30, 2026 · Filed Nov 5, 2026

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

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4. 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 September 30,		Nine months ended September 30,
	2026	2025	2026	2025
Numerator for basic and diluted earnings per share:
Net income	$8,880	$6,570	$34,644	$39,235
Less: Earnings allocated to unvested restricted stock	(63)	(107)	(346)	(592)
Income attributable to common stockholders	$8,817	$6,463	$34,298	$38,643
Denominator:
Denominator for basic earnings per common share – weighted average shares outstanding	15,667	15,490	15,629	15,398
Effect of dilutive securities:
Stock options	88	242	160	203
Denominator for diluted earnings per common share – weighted average shares outstanding	15,755	15,732	15,789	15,601
Basic earnings per common share:	$0.56	$0.42	$2.19	$2.51
Diluted earnings per common share:	$0.56	$0.41	$2.17	$2.47

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 September 30,		Nine months ended September 30,
	2026	2025	2026	2025
Antidilutive stock options	194	222	207	224

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