Definition
Diluted EPS
Net income available to common shareholders divided by the weighted-average share count assuming all in-the-money options, RSUs, and convertibles become shares. It is the conservative per-share earnings figure and the one comparisons should default to.
Diluted EPS = Net income attributable to common ÷ Diluted weighted-average shares
- Net income
- everything upstream on the income statement.
- Share count
- buybacks shrink the denominator; option/RSU issuance grows it.
- Dilutive instruments
- options and converts enter the count as the share price rises.
Income statement (per-share data). 10-K Item 8 — basic and diluted EPS beneath net income, with the share-count reconciliation in the EPS note.
XBRL concepts Echelon grounds to: EarningsPerShareDiluted · WeightedAverageNumberOfDilutedSharesOutstanding
- Always read diluted next to basic — a wide gap flags heavy stock-based compensation or convertible overhang.
Educational use only — not investment advice. Figures come from public SEC filings; Echelon teaches you to analyze data, it never recommends buying or selling any security.