NOTE 22: EARNINGS PER SHARE

The following table presents the computation of basic and diluted EPS attributable to SolarEdge Technologies Inc.:

	Year ended December 31,
	2023		2022		2021
Basic:
Numerator:
Net income	$	34,329	$	93,779	$	169,170
Denominator:
Shares used in computing net EPS of common stock, basic		56,557,106		55,087,770		52,202,182
Diluted:
Numerator:
Net income attributable to common stock, basic	$	34,329	$	93,779	$	169,170
Notes due 2025		-		2,203		2,134
Net income attributable to common stock, diluted	$	34,329	$	95,982	$	171,304
Denominator:
Shares used in computing net EPS of common stock, basic		56,557,106		55,087,770		52,202,182
Notes due 2025		-		2,276,818		2,276,818
Effect of stock-based awards		680,412		736,061		1,492,030
Shares used in computing net EPS of common stock, diluted		57,237,518		58,100,649		55,971,030
Earnings per share:
Basic	$	0.61	$	1.70	$	3.24
Diluted	$	0.60	$	1.65	$	3.06

Shares excluded from the calculation of net diluted due to their anti-dilutive effect		1,994,328		207,980		132,133