Leslie's, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

Earnings Per Share

12 Months Ended

Sep. 30, 2023

Note 18—Earnings Per Share

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):


	Year Ended
	September 30, 2023		October 1, 2022		October 2, 2021
Numerator:
Net income	$	27,242	$	159,029	$	126,634
Denominator:
Weighted average shares outstanding - basic		183,839		184,347		185,412
Effect of dilutive securities:
Stock Options		—		—		567
RSUs		877		1,801		4,030
Weighted average shares outstanding - diluted		184,716		186,148		190,009

Basic earnings per share	$	0.15	$	0.86	$	0.68
Diluted earnings per share	$	0.15	$	0.85	$	0.67

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):


	Year Ended
	September 30, 2023		October 1, 2022		October 2, 2021
Stock Options		3,539		4,020		321
RSUs		2,154		601		2
Total		5,693		4,621		323