Earnings Per Share

6 Months Ended

Jun. 30, 2025

Earnings Per Share

Earnings Per Share

14. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three months ended June 30, 2025 and 2024:


		Three months ended June 30,
		2025			2024
Numerator:
Net earnings (loss) attributable to the Company		$	(5)		$	57
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding			153,993			155,280
Effect of dilutive securities:
Stock options and other						2,102
Denominator for diluted earnings per share-adjusted weighted average shares outstanding			153,993			157,382
Basic earnings per share:
Net earnings (loss) attributable to the Company		$	(0.03)		$	0.37
Diluted earnings per share:
Net earnings (loss) attributable to the Company		$	(0.03)		$	0.36

The diluted earnings (loss) per share computation for the three months ended June 30, 2025 and 2024 excludes 371,732 and 1,422,689 weighted average shares of common stock, respectively, due to their antidilutive effect, which includes unvested restricted stock units and performance vested restricted share units. For the three months ended June 30, 2025, diluted loss per share of common stock was equal to basic loss per share of common stock due to the net loss attributable to the Company.

The following table sets forth the computation of basic and diluted earnings per share for the six months ended June 30, 2025 and 2024:


		Six months ended June 30,
		2025			2024
Numerator:
Net earnings (loss) attributable to the Company		$	(20)		$	129
Denominator (in thousands):
Denominator for basic earnings per share-weighted average shares outstanding			153,851			154,777
Effect of dilutive securities:
Stock options and other						3,148
Denominator for diluted earnings per share-adjusted weighted average shares outstanding			153,851			157,925
Basic earnings per share:
Net earnings (loss) attributable to the Company		$	(0.13)		$	0.83
Diluted earnings per share:
Net earnings (loss) attributable to the Company		$	(0.13)		$	0.81

The diluted earnings (loss) per share computation for the six months ended June 30, 2025 and 2024 excludes 537,764 and 1,021,851 weighted average shares of common stock, respectively, due to their antidilutive effect, which includes unvested restricted stock units and performance vested restricted share units. For the six months ended June 30, 2025, diluted loss per share of common stock was equal to basic loss per share of common stock due to the net loss attributable to the Company.