Leslie's, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

Earnings Per Share (Tables)

9 Months Ended

Jul. 02, 2022

Summary of Reconciliation of Basic Weighted Average Common Shares Outstanding to Diluted Weighted Average Common Shares Outstanding

The following is a reconciliation of basic weighted average common shares outstanding to diluted weighted average common shares outstanding (in thousands, except per share amounts):


	Three Months Ended				Nine Months Ended
	July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Numerator:
Net income	$	122,986	$	118,802	$	101,095	$	82,093
Denominator:
Weighted average shares outstanding - basic		182,937		188,264		184,707		184,021
Effect of dilutive securities:
Stock options		1		2,792		52		1,914
RSUs		1,783		3,144		1,936		3,668
Weighted average shares outstanding - diluted		184,721		194,200		186,695		189,603

Basic earnings per share	$	0.67	$	0.63	$	0.55	$	0.45
Diluted earnings per share	$	0.67	$	0.61	$	0.54	$	0.43

Schedule of Antidilutive Securities Excluded from Calculation of Diluted Earnings Per Share

The following number of weighted-average potentially dilutive shares were excluded from the calculation of diluted earnings per share because the effect of including such shares would have been antidilutive (in thousands):


	Three Months Ended				Nine Months Ended
	July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Stock options		3,967		290		1,742		218
RSUs		563		—		551		116
Total		4,530		290		2,293		334