v3.25.2
Earnings Per Share (“EPS”) (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Income (Loss) and Computation of Earnings per Share
The following table provides a reconciliation of income (loss) from continuing operations to net income (loss) from continuing operations available to A&B common shareholders and net income (loss) available to A&B common shareholders (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Income (loss) from continuing operations$25,151 $11,733 $46,445 $31,971 
Distributions and allocations to participating securities— (4)— (12)
Income (loss) from continuing operations available to A&B shareholders25,151 11,729 46,445 31,959 
Income (loss) from discontinued operations(23)(2,625)116 (2,881)
Net income (loss) available to A&B common shareholders$25,128 $9,104 $46,561 $29,078 
The number of shares used to compute basic and diluted earnings per share is as follows (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Denominator for basic EPS - weighted average shares outstanding72,743 72,615 72,713 72,580 
Effect of dilutive securities:
Restricted stock unit awards125 77 129 94 
Denominator for diluted EPS - weighted average shares outstanding72,868 72,692 72,842 72,674 
Schedule of Antidilutive Securities Outstanding
The number of anti-dilutive securities, excluded from the calculation of diluted earnings per common share, consisted of the following (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Number of anti-dilutive securities100 190 83 202