Company: CPSS
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001683168-25-001548
Chunk: 519

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1C
Chunk 519
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 fair value of the assets. Assets to be
disposed of are reported at the lower of carrying amount or fair value less costs to sell.

Other Income

The following table presents the primary components
of Other Income:

    Schedule of other income 

    Year Ended December 31, 

    2024  
    2023  
    2022 

    (In thousands) 
  
    Third-party portfolio 
    $7,324  
    $9,350  
    $6,814 
  
    Direct mail revenues 
     –  
     –  
     774 
  
    Sales tax refunds 
     1,093  
     1,078  
     737 
  
    Other 
     127  
     367  
     864 
  
    Other income for the period 
    $8,544  
    $10,795  
    $9,189 

     F-13 

CONSUMER PORTFOLIO SERVICES, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Earnings Per Share

Earnings per share were calculated
using the weighted average number of shares outstanding for the related period. The following table illustrates the computation of basic
and diluted earnings per share:

    Schedule of computation of earnings per share 

    Year Ended December 31, 

    2024  
    2023  
    2022 

    (In thousands, except per share data) 
  
    Numerator: 

    Numerator for basic and diluted earnings per share 
    $19,203  
    $45,343  
    $85,983 
  
    Denominator: 

    Denominator for basic earnings per share - weighted average number of common shares outstanding during the year 
     21,292  
     20,896  
     20,958 
  
    Incremental common shares attributable to exercise of outstanding options and warrants 
     3,033  
     4,322  
     3,218 
  
    Denominator for diluted earnings per share 
     24,325  
     25,218  
     26,589 
  
    Basic earnings per share 
    $0.90  
    $2.17  
    $4.10 
  
    Diluted earnings per share 
    $0