The following tables present the calculation of our basic and diluted earnings per share (“EPS”) and the corresponding weighted average shares outstanding referenced in these calculations:


	Three Months Ended June 30,				Six Months Ended June 30,
($ and shares outstanding in millions, except per share amounts)	2025		2024		2025		2024
Basic EPS:
Numerator:
Net income (loss) attributable to stockholders	$	25	$	2	$	8	$	(2)
Denominator:
Weighted average shares outstanding	91.2		103.4		93.3		104.3
Basic EPS(1)	$	0.26	$	0.02	$	0.09	$	(0.02)
Diluted EPS:
Numerator:
Net income (loss) attributable to stockholders	$	25	$	2	$	8	$	(2)
Denominator:
Weighted average shares outstanding	92.2		104.3		94.5		104.3
Diluted EPS(1)	$	0.25	$	0.02	$	0.08	$	(0.02)

Basic weighted average shares outstanding	91.2		103.4		93.3		104.3
RSUs(2), PSUs(3), Options(4) and ESPP	1.0		0.9		1.2		—
Diluted weighted average shares outstanding	92.2		104.3		94.5		104.3

(2) Excludes approximately 957,000 and 740,000 shares of RSUs that would have been anti-dilutive to EPS under the treasury stock method for the three and six months ended June 30, 2025, respectively. Also excludes approximately 220,000 shares of RSUs that would have been anti-dilutive to EPS under the treasury stock method for the three months ended June 30, 2024. These RSUs could potentially dilute EPS in the future.

(3) Excludes approximately 243,000 and 1,000 shares of PSUs that would have been anti-dilutive to EPS under the treasury stock method for the three and six months ended June 30, 2025, respectively. Also excludes approximately 14,000 shares of PSUs that would have been anti-dilutive to EPS under the treasury stock method for the three months ended June 30, 2024. These PSUs could potentially dilute EPS in the future.

(4) Excludes approximately 1,649,000 and 1,195,000 shares of Options that would have been anti-dilutive to EPS under the treasury stock method for the three and six months ended June 30, 2025, respectively. Also excludes approximately 1,212,000 shares of Options that would have been anti-dilutive to EPS under the treasury stock method for the three months ended June 30, 2024. These Options could potentially dilute EPS in the future.

Potentially dilutive shares of 1,239,081 for the six months ended June 30, 2024 were excluded from the calculation of diluted weighted average shares outstanding and diluted earnings per share as a result of our net loss position.

On August 7, 2024, our Board of Directors approved a share repurchase program authorizing us to repurchase up to an aggregate of $500 million of our outstanding shares of common stock over a two-year period (the “2024 Repurchase Plan”).

From July 1, 2025 through July 24, 2025, we repurchased approximately 0.6 million shares for $29 million. As of July 24, 2025, we had $98 million of remaining availability under the 2024 Repurchase Plan.