Company: NGVC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001437749-25-015486
Chunk: 64

Company: Natural Grocers by Vitamin Cottage, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 64
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	%

			217,120

			71

			475,146

			71

			429,255

			70

			Dietary supplements

			66,199

			20

			61,950

			20

			127,730

			19

			121,924

			20

			Body care, pet care and other

			31,048

			9

			29,022

			9

			63,114

			10

			58,663

			10

			$
			335,769

			100
			
			%

			308,092

			100

			665,990

			100

			609,842

			100

4. Earnings Per Share

Basic earnings per share (EPS) is computed by dividing net income by the weighted average number of shares of common stock outstanding during the period. Diluted EPS is computed using the treasury stock method and reflects the potential dilution that could occur if the Company’s granted but unvested restricted stock units (RSUs) were to vest, resulting in the issuance of common stock that would then share in the earnings of the Company.

The following table presents the Company’s basic and diluted EPS for the three and six months ended March 31, 2025 and 2024, dollars in thousands, except per share data:

			Three months ended
			March 31,

			Six months ended
			March 31,

			2025

			2024

			2025

			2024

			Net income

			$
			13,101

			7,961

			23,039

			15,716

			Weighted average number of shares of common stock outstanding

			22,935,698

			22,759,131

			22,919,457

			22,755,307

			Effect of dilutive securities

			338,002

			301,988

			296,176

			260,535

			Weighted average number of shares of common stock outstanding including effect of dilutive securities

			23,273,700

			23,061,119

			23,215,633

			23,015,842

			Basic