Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 319

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 7
Chunk 319
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ergy Corporation$1,522,490 $769,143 Basic shares and earnings per average common share438.7 $3.47 427.2 $1.80 Average dilutive effect of:Stock options1.0 (0.01)0.6 — Other equity plans1.5 (0.01)1.1 (0.01)Equity forwards6.1 (0.05)0.6 — Diluted shares and earnings per average common share447.3 $3.40 429.5 $1.79 

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Table of ContentsEntergy Corporation and SubsidiariesNotes to Financial Statements

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 366,136 stock options outstanding for the three months ended September 30, 2025 and 1,548,386 stock options outstanding for the three months ended September 30, 2024 because their effect would have been antidilutive.  The calculation of diluted earnings per share excluded 325,454 stock options outstanding for the nine months ended September 30, 2025 and 2,477,756 stock options outstanding for the nine months ended September 30, 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 94,446 shares for the three months ended September 30, 2025 and 3,485,736 shares for the three months ended September 30, 2024 under forward sale agreements outstanding because their effect would have been antidilutive.  The calculation of diluted earnings per share excluded 901,408 shares for the nine months ended September 30, 2025 and 3,164,908 shares for the nine months ended September 30, 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