Supplemental Disclosure for Net Income Per Share

6 Months Ended

Mar. 31, 2024

Supplemental Disclosure for Net Income Per Share

Supplemental Disclosure for Net Income Per Share

5. Supplemental Disclosure for Net Income Per Share

Net income per share information is presented below for the three-and six-month periods ended March 31, 2024 and 2023.

	Three Months Ended				Six Months Ended
	March 31,				March 31,
	2024		2023		2024		2023
	(Dollars in thousands, except per share data)
Basic:
Earnings:
Net income attributable to First Savings Financial Group, Inc. available to common shareholders	$	4,927	$	3,724	$	5,847	$	6,595
Shares:
Weighted average common shares outstanding, basic		6,832,130		6,842,897		6,828,017		6,879,805
Net income per common share, basic	$	0.72	$	0.54	$	0.86	$	0.96
Diluted:
Earnings:
Net income attributable to First Savings Financial Group, Inc. available to common shareholders	$	4,927	$	3,724	$	5,847	$	6,595
Shares:
Weighted average common shares outstanding, basic		6,832,130		6,842,897		6,828,017		6,879,805
Add: Dilutive effect of outstanding options		27,481		38,599		21,911		46,472
Add: Dilutive effect of restricted stock		—		—		—		—
Weighted average common shares outstanding, as adjusted		6,859,611		6,881,496		6,849,928		6,926,277
Net income per common share, diluted	$	0.72	$	0.54	$	0.85	$	0.95

Nonvested restricted stock shares are not considered as outstanding for purposes of computing weighted average common shares outstanding.

Stock options for 341,572 shares of common stock were excluded from the calculation of diluted net income per common share for the three - and six - month periods ended March 31, 2024, because their effect was antidilutive. Stock options for 273,489 and 269,889 shares of common stock were excluded from the calculation of diluted net income per common share for the three-and six-month periods ended March 31, 2023, respectively, because their effect was antidilutive. There were no antidilutive restricted stock awards excluded from the calculation of diluted net income per share for the three-and six-month periods ended March 31, 2024 and 2023.