Company: IMXI
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001683695-25-000030
Chunk: 138

Company: International Money Express, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 138
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Us. Shares of treasury stock are not considered outstanding and therefore are excluded from the weighted-average number of common shares outstanding calculation.Below are basic and diluted earnings per share for the periods indicated (in thousands, except for share data):

F-27

Year Ended December 31,202420232022Net income for basic and diluted income per common share$58,821 $59,515 $57,331 Shares:Weighted-average common shares outstanding – basic32,430,755 35,604,582 37,733,047 Effect of dilutive securitiesStock options119,503 290,830 539,415 PSUs159,146 366,321 186,365 RSUs89,121 109,886 112,943 RSAs51,972 58,095 53,620 Weighted-average common shares outstanding – diluted32,850,497 36,429,714 38,625,390 Earnings per common share - basic$1.81 $1.67 $1.52 Earnings per common share - diluted$1.79 $1.63 $1.48 As of December 31, 2024, there were 241.1 thousand RSUs and 113.0 thousand RSAs excluded from the diluted earnings per share calculation because, under the treasury stock method, the inclusion of these would be anti-dilutive.As of December 31, 2023, there were 144.2 thousand RSUs, 58.4 thousand RSAs, and 136.9 thousand PSUs excluded from the diluted earnings per share calculation because, under the treasury stock method, the inclusion of these would be anti-dilutive.As of December 31, 2022, there were 6.5 thousand stock options and 10.4 thousand RSUs excluded from the diluted earnings per share calculation because, under the treasury stock method, the inclusion of these would be anti-dilutive.As discussed in Note 15, during the years ended December 31, 2024 and 2023, the Company purchased 3,765,320 shares and 3,027,768 shares, respectively, for an aggregate purchase price of $75.1 million and $66.3 million, respectively. The effect of these repurchases on the Company’s weighted average shares outstanding for the years ended December 31, 2024 and 2023 was a reduction of