Pure Cycle Corporation Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

3 Months Ended

Feb. 28, 2022


	Three Months Ended				Six Months Ended
(In thousands, except share and per share amounts)	February 28, 2022		February 28, 2021		February 28, 2022		February 28, 2021

Net income	$	1,693	$	17,352	$	3,207	$	18,197

Basic weighted average common shares		23,944,141		23,881,655		23,931,307		23,874,198
Effect of dilutive securities		240,020		210,694		263,272		190,216
Weighted average shares applicable to diluted earnings per share		24,184,161		24,092,349		24,194,579		24,064,414

Earnings per share - basic	$	0.07	$	0.73	$	0.13	$	0.76
Earnings per share - diluted	$	0.07	$	0.72	$	0.13	$	0.76