GameStop Corp.
For the period ended Feb 1, 2025. Filed Mar 25, 2025.
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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.
FY2025 · Filed Mar 25, 2025
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7. Earnings Per Share
- Earnings Per Share
Basic net income (loss) per common share is computed by dividing the net income (loss) available to Class A Common Stockholders by the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per common share is computed by dividing the net income (loss) available to Class A Common Stockholders by the weighted-average number of common shares outstanding and potentially dilutive securities outstanding during the period. Potentially dilutive securities include unvested restricted stock and unvested restricted stock units outstanding during the period, using the treasury stock method. Potentially dilutive securities are excluded from the computations of diluted earnings per share if their effect would be antidilutive. A net loss from continuing operations causes all potentially dilutive securities to be antidilutive.
The following is a reconciliation of shares used in calculating basic and diluted net income (loss) per common share:
| Fiscal Year ended | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Weighted-average common shares outstanding | 394.1 | 305.1 | 304.2 |
| Dilutive effect of restricted stock units and restricted stock | 0.6 | 0.1 | — |
| Weighted-average diluted common shares | 394.7 | 305.2 | 304.2 |
| Anti-dilutive shares: | |||
| Restricted stock units | 0.7 | 2.7 | 5.9 |
| Restricted stock | — | — | 0.3 |
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