Company: PDEX
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001079973-25-000729
Chunk: 9

Company: PRO DEX INC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 9
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 income by the weighted-average number of common shares outstanding during the reporting period. The weighted-average
number of common shares outstanding used in the calculation of diluted income per share reflects the effects of potentially dilutive securities,
in income generating periods, which consist entirely of outstanding stock options, restricted shares, and performance awards.

    11 
    PRO-DEX INC. AND SUBSIDIARYNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED) 

The following table presents
reconciliations of the numerators and denominators of the basic and diluted earnings per share computations for net income. In the tables
below, income amounts represent the numerator, and share amounts represent the denominator (in thousands, except per share amounts):

    Schedule of net income per share  

    Three
    Months Ended March 31,  
    Nine Months
    Ended March 31, 

    2025  
    2024  
    2025  
    2024 
  
    Basic: 

    Net income 	 
    $3,275  
    $655  
    $7,781  
    $540 
  
    Weighted average shares outstanding	 
     3,261  
     3,451  
     3,297  
     3,531 
  
    Basic income per share	 
    $1.00  
    $0.19  
    $2.36  
    $0.15 
  
    Diluted: 

    Net income	 
    $3,275  
    $655  
    $7,781  
    $540 
  
    Weighted average shares outstanding	 
     3,261  
     3,451  
     3,297  
     3,531 
  
    Effect of dilutive securities	 
     76  
     73  
     69  
     73 
  
    Weighted average shares used in calculation of diluted earnings per share	 
     3,337  
     3,524  
     3,366  
     3,604 
  
    Diluted income per share	 
    $0.98  
    $0.19  
    $2.31  
    $0.15 

NOTE 8. INCOME TAXES

Deferred income taxes are provided on a liability