Global Water Resources, Inc.
For the period ended Mar 31, 2025. Filed May 14, 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.
Mar 31, 2025 · Filed May 14, 2025
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5. Earnings Per Share
- Earnings Per Share
Basic EPS in each period of this report were calculated by dividing net income by the weighted-average number of shares during those periods. Diluted EPS includes additional weighted-average common stock equivalents (options and restricted stock awards), if dilutive. A reconciliation of the denominator used in basic and diluted EPS calculations is shown in the following table:
| Three Months Ended March 31, | ||
|---|---|---|
| (In thousands) | 2025 | 2024 |
| Basic weighted average common shares outstanding | 24,370 | 24,176 |
| Effect of dilutive securities: | ||
| Option grants | 48 | 80 |
| Restricted stock awards | 16 | 39 |
| Total dilutive securities | 64 | 119 |
| Diluted weighted average common shares outstanding | 24,434 | 24,295 |
| Anti-dilutive shares excluded from earnings per diluted shares | — | — |
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