HUNTINGTON INGALLS INDUSTRIES INC
For the period ended Dec 31, 2024. Filed Feb 6, 2025.
View on SEC.govAbout 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.
FY2024 · Filed Feb 6, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
EARNINGS PER SHARE
- EARNINGS PER SHARE
Basic and diluted earnings per common share were calculated as follows:
| (in millions, except per share amounts) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net earnings | $550 | $681 | $579 |
| Weighted-average common shares outstanding | 39.4 | 39.9 | 40.1 |
| Net effect of dilutive stock options and awards | — | — | — |
| Dilutive weighted-average common shares outstanding | 39.4 | 39.9 | 40.1 |
| Earnings per share - basic | $13.96 | $17.07 | $14.44 |
| Earnings per share - diluted | $13.96 | $17.07 | $14.44 |
The Company's calculation of diluted earnings per common share includes the dilutive effects of the assumed exercise of stock options and vesting of restricted stock based on the treasury stock method. Under the treasury stock method, the Company has excluded from the diluted share amounts presented above the effects of 0.4 million
Restricted Performance Stock Rights ("RPSRs") and 0.1 million Restricted Stock Rights ("RSRs") for the year ended December 31, 2024, and 0.4 million RPSRs for each of the years ended December 31, 2023 and 2022.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.