Global Water Resources, Inc.
For the period ended Dec 31, 2025. Filed Mar 4, 2026.
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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 4, 2026
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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:
| Years Ended December 31, | ||
|---|---|---|
| (In thousands) | 2025 | 2024 |
| Basic weighted average common shares outstanding | 27,029 | 24,205 |
| Effect of dilutive securities: | ||
| Option grants | 22 | 78 |
| Restricted stock awards | 25 | 20 |
| Total dilutive securities | 47 | 98 |
| Diluted weighted average common shares outstanding | 27,076 | 24,303 |
| Anti-dilutive shares excluded from earnings per diluted shares | 130 | — |
For the year ended December 31, 2025, approximately 130,000 share-based awards were excluded from the computation of diluted EPS because their effect would have been anti-dilutive under the treasury stock method.
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