Basic net income per share is computed by dividing net income attributable to common stockholders by the weighted-average

number of common shares outstanding. Diluted net income per share is computed by dividing net income attributable to

common stockholders by the weighted-average number of common shares outstanding plus the dilutive effect of outstanding

securities, and such dilutive effect is computed using the treasury stock method.

For the purposes of determining the basic and diluted weighted-average number of common shares outstanding during the

periods presented that are prior to the Corporate Conversion and ALH Contribution, the Company retrospectively reflected

the effects of the Corporate Conversion and the ALH Contribution. As such, the basic and diluted weighted-average number

of common shares outstanding for those periods reflect the conversion of the Company's membership units into common

stock on the date of the Corporate Conversion and ALH Contribution, assuming that all common stock issued in conjunction

with the Corporate Conversion and ALH Contribution was issued and outstanding as of the beginning of the earliest period

The following table sets forth the computation of basic and diluted net income per share (in thousands, except share and per


	Three Months Ended March 31,
	2025	2024
Basic:
Net income attributable to common stockholders	$41,383	$27,047
Weighted-average number of common shares	140,062,284	126,115,301
Net income per common share	$0.30	$0.21

Diluted:
Net income attributable to common stockholders	$41,383	$27,047
Weighted-average number of common shares	140,704,075	126,115,301
Net income per common share	$0.29	$0.21

The following table sets forth the components of the denominator for the computation of basic and diluted net income per

share for net income attributable to Ardent Health Partners, Inc. stockholders:


	Three Months Ended March 31,
	2025	2024
Weighted-average number of common shares - basic	140,062,284	126,115,301
Effect of dilutive securities(1)	641,791	—
Weighted-average number of common shares - diluted	140,704,075	126,115,301

(1) The effect of dilutive securities does not reflect 432,792 weighted-average potential common shares from restricted stock

awards and restricted stock units for the three months ended March 31, 2025 because their effect was antidilutive as