v3.25.1
EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2024
EARNINGS PER SHARE [Abstract]  
EARNINGS PER SHARE

12. EARNINGS PER SHARE

Basic earnings per share is calculated utilizing net income (loss) available to common stockholders of the Company during the year ended December 31, 2024 and during the period from September 12, 2023 through December 31, 2023, divided by the weighted average number of shares of TKO Class A common stock outstanding during the same period. Diluted earnings per share is calculated by dividing the net income (loss) available to common stockholders by the diluted weighted average shares outstanding during the same periods. The Company’s outstanding equity-based compensation awards under its equity-based compensation arrangements (see Note 13, Equity-based Compensation) were anti-dilutive during the period from September 12, 2023 to December 31, 2023.

The following table presents the computation of based and diluted net earnings (loss) per share and weighted average number of shares of the Company’s common stock outstanding for the periods presented (dollars in thousands, except share and per share data):

 

 

Year Ended

 

 

Period From

 

 

December 31,

 

 

September 12 -

 

 

2024

 

 

December 31, 2023

 

Basic and diluted net loss per share

 

 

 

 

 

 

Numerator

 

 

 

 

 

 

Net income (loss) attributable to TKO Group Holdings, Inc.

 

$

9,408

 

 

$

(35,227

)

Effect of dilutive securities:

 

 

 

 

 

 

Adjustment to net income attributable to TKO Group Holdings, Inc. from the assumed conversion of Class B shares

 

 

(6,613

)

 

 

—

 

Net income (loss) attributable to TKO Group Holdings, Inc. used in computing diluted earnings (loss) per share

 

$

2,795

 

 

$

(35,227

)

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

Weighted average Class A Common Shares outstanding - Basic

 

 

81,340,472

 

 

 

82,808,019

 

Effect of dilutive securities:

 

 

 

 

 

 

Additional shares from RSUs and PSUs, as calculated using the treasury stock method

 

 

917,177

 

 

 

—

 

Additional shares from the assumed conversion of Class B shares

 

 

89,616,891

 

 

 

—

 

Weighted average number of shares used in computing diluted earnings (loss) per share

 

 

171,874,540

 

 

 

82,808,019

 

 

 

 

 

 

 

 

Basic earnings (loss) per share

 

$

0.12

 

 

$

(0.43

)

Diluted earnings (loss) per share

 

$

0.02

 

 

$

(0.43

)

 

 

 

 

 

 

 

Securities that are anti-dilutive this period

 

 

 

 

 

 

Unvested RSUs

 

 

—

 

 

 

1,636,626

 

Unvested PSUs

 

 

—

 

 

 

327,403

 

TKO Class B Common Shares

 

 

—

 

 

 

89,616,891