Oil-Dri Corporation of America (ODC) 10-Q2022 Q3 Quarterly report

Filed: 7 Jun 22, 4:09pm

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

New words: abatement, adding, assigned, assigning, ASU, Basic, broker, catch, computation, covenant, EBITDA, EBITR, emerged, emerging, entirety, export, favorable, fruition, full, implied, incorporated, inflationary, judgment, left, lessened, lost, modestly, necessitated, noncash, order, pallet, passed, patent, premium, qualified, quarantine, rebuilding, region, relevant, Russia, shutdown, standard, Step, stronger, test, testing, text, transition, Ukraine, unanticipated, unexpected, write

Removed: African, arising, consumption, fever, improvement, manufactured, outbreak, payout, reduction, shift, significantly, spread, swine

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Associated ODC transcripts

ODC similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

Exhibit 11:

OIL-DRI CORPORATION OF AMERICA AND SUBSIDIARIES

Computation of Earnings Per Share

(in thousands, except per share amounts)


	For the Three Months Ended April 30,				For the Nine Months Ended April 30,
	2022		2021		2022		2021
Net (losses) income available to stockholders	$	(2,109)	$	2,227	$	478	$	10,510
Less: Distributed and undistributed earnings (losses) allocated to non-vested restricted stock	67		(99)		(54)		(495)
(Losses) Earnings available to common shareholders	$	(2,042)	$	2,128	$	424	$	10,015
Shares Calculation
Average shares outstanding - Basic Common	4,932		5,133		5,042		5,144
Average shares outstanding - Basic Class B Common	1,939		1,925		1,933		1,928
Potential Common Stock - Basic Common - relating to non-vested restricted stock1	—		109		111		112
Potential Common Stock - Basic Class B Common - relating to non-vested restricted stock1	—		40		30		41
Average shares outstanding - Assuming dilution	6,871		7,207		7,116		7,225
Net (Loss) Income Per Share: Basic Common	$	(0.32)	$	0.32	$	0.06	$	1.52
Net (Loss) Income Per Share: Basic Class B Common	$	(0.24)	$	0.24	$	0.05	$	1.14
Net (Loss) Income Per Share: Diluted Common	$	(0.32)	$	0.32	$	0.06	$	1.49
Net (Loss) Income Per Share: Diluted Class B Common	$	(0.24)	$	0.24	$	0.05	$	1.11

1 The effect of certain potential common stock equivalents were excluded from the computation of average diluted shares outstanding for the three months ended April 30, 2022 as inclusion would have been anti-dilutive. A summary of these average anti-dilutive potential common share equivalents is provided in the table below:


			For the Three Months Ended April 30,
			2022
Potential Common Stock - Basic Common - relating to non-vested restricted stock			101
Potential Common Stock - Basic Class B Common - relating to non-vested restricted stock			19

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.