Company: PBH
Filing Date: 2025-05-09
Form Type: 10-K
Source: 0001295947-25-000017
Chunk: 103

Company: Prestige Consumer Healthcare Inc.
Filing Date: 2025-05-09
Form: 10-K
Item: Item 8
Chunk 103
---
holders and the weighted average number of shares of common stock outstanding plus the effect of potentially dilutive common shares outstanding during the period using the treasury stock method, which includes stock options and restricted stock units ("RSUs").  Potential common shares, composed of the incremental common shares issuable upon the exercise of outstanding stock options and unvested RSUs, are included in the diluted earnings per share calculation to the extent that they are dilutive.  In loss periods, the assumed exercise of in-the-money stock options and RSUs has an antidilutive effect, and therefore these instruments are excluded from the computation of diluted earnings per share.  The following table sets forth the computation of basic and diluted earnings (loss) per share:

55

Year Ended March 31, (In thousands, except per share data)202520242023Numerator   Net income (loss)$214,605 $209,339 $(82,306)Denominator   Denominator for basic earnings (loss) per share - weighted average shares outstanding49,697 49,757 49,889 Dilutive effect of unvested restricted stock units and options issued to employees and directors383 421 — Denominator for diluted earnings (loss) per share50,080 50,178 49,889 Earnings (loss) per Common Share:   Basic net earnings (loss) per share$4.32 $4.21 $(1.65)Diluted net earnings (loss) per share$4.29 $4.17 $(1.65)For 2025, 2024 and 2023 there were 0.1 million, 0.2 million and 1.6 million shares, respectively, attributable to outstanding stock-based awards that were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. LeasesWe lease real estate and equipment for use in our operations. These leases have lease terms of 1 to 10 years, some of which include options to terminate or extend leases for up to 1 to 9 years or on a month-to-month basis.  The exercise of lease renewal options is at our sole discretion and our lease right-of-use ("ROU") assets and liabilities reflect only the options we are reasonably certain that we will exercise.We determine if an arrangement is or contains a lease at inception by assessing whether the arrangement contains an identified asset and whether we have the right to control the identified asset