Company: EAI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000065984-25-000046
Chunk: 185

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 7
Chunk 185
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 equity plans1.5 — 0.9 — Equity forwards7.9 (0.02)— — Diluted shares and earnings per average common shares440.6 $0.82 427.7 $0.18 Earnings per share dilution resulting from stock options outstanding and other equity plans is determined under the treasury stock method.  The calculation of diluted earnings per share excluded 244,091 stock options outstanding for the three months ended March 31, 2025 and 2,282,518 stock options outstanding for the three months ended March 31, 2024 because their effect would have been antidilutive.  Until settlement of the forward sale agreements discussed below in “Equity Distribution Program” and “Equity Forward Sale Agreements,” earnings per share dilution resulting from the agreements, if any, is determined under the treasury stock method.  Share dilution occurs when the average market price of Entergy Corporation’s common stock is higher than the average forward sales price.  The calculation of diluted earnings per share excluded 185,897 shares for the three months ended March 31, 2025 and 3,820,510 shares for the three months ended March 31, 2024 under forward sale agreements outstanding because their effect would have been antidilutive.Entergy’s stock options and other equity compensation plans are discussed in Note 5 to the financial statements herein and in Note 12 to the financial statements in the Form 10-K.Dividends declared per common share were $0.60 for the three months ended March 31, 2025 and $0.57 for the three months ended March 31, 2024.

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Table of ContentsEntergy Corporation and SubsidiariesNotes to Financial Statements

(System Energy)In February 2025, System Energy paid its parent, Entergy Corporation, a $20 million distribution out of its common stock.Equity Distribution ProgramSee Note 7 to the financial statements in the Form 10-K for discussion of Entergy Corporation’s at the market equity distribution program.  The following are updates to that discussion.In February 2025, Entergy Corporation increased by an additional $1.5 billion the aggregate gross sales price authorized under its at the market equity distribution program pursuant to the terms of the equity distribution sales agreement for such program.  The aggregate number of shares of common stock sold under this sales agreement and under any forward sale agreement may not exceed an