| | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | 2025 | | 2024 | | | | | Basic earnings per share | | | | | | | | Net income attributable to common stockholders | $ | 21.1 | | | $ | 30.1 | | | | | | | | | | | | | | Weighted average shares of common stock outstanding | 7,873,989 | | | 7,711,534 | | | | | | | | | | | | | | Basic earnings per share | $ | 2.68 | | | $ | 3.91 | | | | | | | | | | | | | | Diluted earnings per share | | | | | | | | Net income attributable to common stockholders | $ | 21.1 | | | $ | 30.1 | | | | | | | | | | | | | | | Weighted average shares of common stock outstanding | 7,873,989 | | | 7,711,534 | | | | | | | Effect of dilutive elements | | | | | | | | | Common stock warrants | 224,557 | | | 68,584 | | | | | | | Stock option awards | 36 | | | — | | | | | | | Common stock awards | 338,292 | | | 266,070 | | | | | | | | | | | | | | Dilutive weighted average shares of common stock | 8,436,874 | | | 8,046,188 | | | | | | | | | | | | | | Diluted earnings per share | $ | 2.50 | | | $ | 3.74 | | | | | | | | | | | | | | Stock options and common stock awards excluded from the computation of diluted earnings per share | | | | | | | | | Anti-dilutive (1) | 21,659 | | | 31,944 | | | | | | | Market-based (2) | 41,520 | | | 188,344 | | | | | |
(1)Includes stock options and stock awards that are anti-dilutive based on the application of the treasury stock method. (2)Shares that are issuable upon the achievement of certain market-based performance criteria related to Onity’s stock price.
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