MAXIMUS INC
For the period ended Mar 31, 2024. Filed May 9, 2024.
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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.
Mar 31, 2024 · Filed May 9, 2024
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5. Earnings Per Share
- EARNINGS PER SHARE
| Table 5: Weighted Average Number of Shares - Earnings Per Share | ||||
|---|---|---|---|---|
| For the Three Months Ended | For the Six Months Ended | |||
| March 31, 2024 | March 31, 2023 | March 31, 2024 | March 31, 2023 | |
| (in thousands) | ||||
| Basic weighted average shares outstanding | 61,371 | 61,120 | 61,330 | 61,119 |
| Dilutive effect of unvested RSUs and PSUs | 251 | 263 | 243 | 146 |
| Denominator for diluted earnings per share | 61,622 | 61,383 | 61,573 | 61,265 |
The diluted earnings per share calculation for the three and six months ended March 31, 2024, excludes approximately 202,000 and 227,000 unvested anti-dilutive restricted stock units, respectively. For the three and six months ended March 31, 2023, approximately 99,000 and 300,000 unvested anti-dilutive restricted stock units were excluded from the diluted earnings per share calculation, respectively.
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