Company: SPR
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037839
Chunk: 100

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 100
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Basic net income per share is computed using the weighted-average number of outstanding shares of Holdings Common Stock during the measurement period. Diluted net income per share is computed using the weighted-average number of outstanding shares of Holdings Common Stock and, when dilutive, potential outstanding shares of Holdings Common Stock during the measurement period. Diluted earnings per share includes any dilutive impact of service-based restricted stock units, director restricted stock units, restricted stock awards, and performance-based restricted stock units.The Company accounts for treasury stock under the cost method and includes treasury stock as a component of stockholders’ equity. As of July 3, 2025, no treasury shares have been reissued or retired.

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Table of ContentsSpirit AeroSystems Holdings, Inc. Notes to the Condensed Consolidated Financial Statements (unaudited)(U.S. Dollars in millions other than per share amounts)

 The total authorization amount remaining under the current share repurchase program is approximately $925.0. During the six-month period ended July 3, 2025, the Company did not repurchase any shares of Holdings Common Stock under this share repurchase program. Share repurchases are currently on hold. The Credit Agreement imposes restrictions on the Company’s ability to repurchase shares. The following table sets forth the computation of basic and diluted earnings per share:For the Three Months EndedJuly 3, 2025June 27, 2024IncomeSharesPer ShareAmountIncomeSharesPer ShareAmountBasic EPSLoss available to common stockholders$(631.0)117.7 $(5.36)$(415.3)116.6 $(3.56)Income allocated to participating securities— — — — Net loss$(631.0)$(415.3)Diluted potential common shares— — Diluted EPSNet loss$(631.0)117.7 $(5.36)$(415.3)116.6 $(3.56)For the Six Months EndedJuly 3, 2025June 27, 2024IncomeSharesPer ShareAmountIncomeSharesPer ShareAmountBasic EPSLoss available to common stockholders$(1,243.9)117.7 $(10.57)$(1,032.0)116.4 $(8.87)Income allocated to participating securities— — — — Net loss$(1,243.9)$(1,032.0)Diluted potential common shares— —