Clearfield, Inc. Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Net Income Per Share (Tables)

9 Months Ended

Jun. 30, 2023

	Three Months Ended June 30,				Nine Months Ended June 30,
(In thousands, except for share data)	2023		2022		2023		2022
Net income	$	5,218	$	12,745	$	29,837	$	32,370
Weighted average common shares		15,254,341		13,772,269		14,880,666		13,760,950
Dilutive potential common shares		-		127,429		48,739		139,069
Weighted average dilutive common shares outstanding		15,254,341		13,899,698		14,929,405		13,900,019
Net income per common share:
Basic	$	0.33	$	0.93	$	2.01	$	2.35
Diluted	$	0.33	$	0.92	$	2.00	$	2.33