| Schedule of Basic and Diluted Earnings (Loss) Per Share and Weighted Average Shares Outstanding |
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):
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Year Ended |
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Period From |
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December 31, |
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September 12 - |
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|
2024 |
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|
December 31, 2023 |
|
Basic and diluted net loss per share |
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Numerator |
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Net income (loss) attributable to TKO Group Holdings, Inc. |
|
$ |
9,408 |
|
|
$ |
(35,227 |
) |
Effect of dilutive securities: |
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|
|
|
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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 |
) |
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|
|
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|
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Denominator |
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Weighted average Class A Common Shares outstanding - Basic |
|
|
81,340,472 |
|
|
|
82,808,019 |
|
Effect of dilutive securities: |
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|
|
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|
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 |
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|
|
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Basic earnings (loss) per share |
|
$ |
0.12 |
|
|
$ |
(0.43 |
) |
Diluted earnings (loss) per share |
|
$ |
0.02 |
|
|
$ |
(0.43 |
) |
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Securities that are anti-dilutive this period |
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|
|
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Unvested RSUs |
|
|
— |
|
|
|
1,636,626 |
|
Unvested PSUs |
|
|
— |
|
|
|
327,403 |
|
TKO Class B Common Shares |
|
|
— |
|
|
|
89,616,891 |
|
|