TopBuild Corp. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Net Income Per Share (Tables)

Net Income Per Share (Tables)

3 Months Ended

Mar. 31, 2025

Net Income Per Share

Schedule of basic and diluted income per share


		Three Months Ended March 31,
		2025			2024
Net income (in thousands)		$	123,385		$	152,381

Weighted average number of common shares outstanding - basic			29,028,234			31,641,454

Dilutive effect of common stock equivalents:
RSAs with service-based conditions			31,211			41,832
RSAs with market-based conditions			13,686			50,955
RSAs with performance-based conditions			18,693			14,429
Stock options			83,068			95,148

Weighted average number of common shares outstanding - diluted			29,174,892			31,843,818

Basic net income per common share		$	4.25		$	4.82

Diluted net income per common share		$	4.23		$	4.79

Summary of shares excluded from the calculation of diluted income per share because their effect would have been anti-dilutive


		Three Months Ended March 31,
		2025			2024
Anti-dilutive common stock equivalents:
RSAs with service-based conditions			10,151			14
RSAs with market-based conditions			12,844			-
RSAs with performance-based conditions			-			-
Stock options			-			-
Total anti-dilutive common stock equivalents			22,995			14