Schedule of Earnings Per Share, Basic and Diluted |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | in thousands, except per share amounts | | 2025 | | 2024 | | 2025 | | 2024 | Allocation of income (loss) from continuing operations - basic | | $ | 157,164 | | | $ | 118,589 | | | $ | 290,597 | | | $ | 272,664 | | Dilutive effect | | 3,572 | | | 3,299 | | | 6,994 | | | 6,739 | | Allocation of income (loss) from continuing operations - diluted | | $ | 160,736 | | | $ | 121,888 | | | $ | 297,591 | | | $ | 279,403 | | | | | | | | | | | Allocation of income (loss) from discontinued operations, net of tax - basic | | $ | (2,853) | | | $ | (31,756) | | | $ | (4,944) | | | $ | (99,771) | | Dilutive effect | | — | | | — | | | — | | | — | | Allocation of income (loss) from discontinued operations, net of tax - diluted | | $ | (2,853) | | | $ | (31,756) | | | $ | (4,944) | | | $ | (99,771) | | | | | | | | | | | Weighted-average shares outstanding - basic | | 777,635 | | | 848,273 | | | 792,748 | | | 852,083 | | Dilutive effect(1) | | 62,316 | | | 60,855 | | | 62,811 | | | 61,392 | | Weighted-average shares outstanding - diluted | | 839,951 | | | 909,128 | | | 855,559 | | | 913,475 | | | | | | | | | | | Income (loss) from continuing operations per share - basic | | $ | 0.20 | | | $ | 0.14 | | | $ | 0.37 | | | $ | 0.32 | | Income (loss) from continuing operations per share - diluted | | $ | 0.19 | | | $ | 0.13 | | | $ | 0.35 | | | $ | 0.30 | | | | | | | | | | | Income (loss) from discontinued operations, net of tax, per share - basic | | $ | — | | | $ | (0.04) | | | $ | (0.01) | | | $ | (0.12) | | Income (loss) from discontinued operations, net of tax, per share - diluted | | $ | — | | | $ | (0.03) | | | $ | (0.01) | | | $ | (0.11) | |
_________________ (1) During the three and six months ended June 30, 2025, 23 million and 21 million shares of Common Stock, respectively, that would be dilutive were excluded from the diluted earnings per share calculations because their effects would have been anti-dilutive.
During the three and six months ended June 30, 2024, 22 million and 19 million shares of Common Stock, respectively, that would be dilutive were excluded from the diluted earnings per share calculations because their effects would have been anti-dilutive. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | in thousands, except per share amounts | | 2025 | | 2024 | | 2025 | | 2024 | Allocation of income (loss) from continuing operations - basic | | $ | 11,069 | | | $ | 7,596 | | | $ | 20,113 | | | $ | 17,412 | | Dilutive effect | | (561) | | | (288) | | | (972) | | | (717) | | Allocation of income (loss) from continuing operations - diluted | | $ | 10,508 | | | $ | 7,308 | | | $ | 19,141 | | | $ | 16,695 | | | | | | | | | | | Allocation of income (loss) from discontinued operations, net of tax - basic | | $ | (201) | | | $ | (2,035) | | | $ | (341) | | | $ | (6,360) | | Dilutive effect | | — | | | — | | | — | | | — | | Allocation of income (loss) from discontinued operations, net of tax - diluted | | $ | (201) | | | $ | (2,035) | | | $ | (341) | | | $ | (6,360) | | | | | | | | | | | Weighted-average shares outstanding - basic | | 54,745 | | | 54,745 | | | 54,745 | | | 54,745 | | Dilutive effect(1) | | — | | | — | | | — | | | — | | Weighted-average shares outstanding - diluted | | 54,745 | | | 54,745 | | | 54,745 | | | 54,745 | | | | | | | | | | | Income (loss) from continuing operations per share - basic | | $ | 0.20 | | | $ | 0.14 | | | $ | 0.37 | | | $ | 0.32 | | Income (loss) from continuing operations per share - diluted | | $ | 0.19 | | | $ | 0.13 | | | $ | 0.35 | | | $ | 0.30 | | | | | | | | | | | Income (loss) from discontinued operations, net of tax, per share - basic | | $ | — | | | $ | (0.04) | | | $ | (0.01) | | | $ | (0.12) | | Income (loss) from discontinued operations, net of tax, per share - diluted | | $ | — | | | $ | (0.03) | | | $ | (0.01) | | | $ | (0.11) | | | | | | | | | | | ________________(1) There were no potential shares of Class B Common Stock during the periods presented.
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