Earnings Per Share [Text Block] |
Note
7 — Earnings (Loss) Per Share
The
following table is a reconciliation of the weighted average shares used in the computation of loss per share for the periods presented
(in thousands, except per share data):
| |
Three Months Ended June 30, | | |
Six Months Ended June 30, | |
Earnings (loss) per share - basic and diluted | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
Net income (loss) | |
$ | (2,319 | ) | |
$ | 5,266 | | |
$ | (4,701 | ) | |
$ | (8,959 | ) |
Net income attributable to non-controlling interests | |
| — | | |
| — | | |
| — | | |
| 280 | |
Net income (loss) attributable to JAKKS Pacific, Inc. | |
| (2,319 | ) | |
| 5,266 | | |
| (4,701 | ) | |
| (9,239 | ) |
Redemption of preferred stock | |
| — | | |
| — | | |
| — | | |
| 1,330 | |
Net income (loss) attributable to common stockholders * | |
$ | (2,319 | ) | |
$ | 5,266 | | |
$ | (4,701 | ) | |
$ | (7,909 | ) |
Weighted average common shares outstanding - basic | |
| 11,146 | | |
| 10,801 | | |
| 11,146 | | |
| 10,577 | |
Earnings (loss) per share available to common stockholder- basic | |
$ | (0.21 | ) | |
$ | 0.49 | | |
$ | (0.42 | ) | |
$ | (0.75 | ) |
Weighted average common shares outstanding - diluted | |
| 11,146 | | |
| 11,245 | | |
| 11,146 | | |
| 10,577 | |
Earnings (loss) per share available to common stockholder- diluted | |
$ | (0.21 | ) | |
$ | 0.47 | | |
$ | (0.42 | ) | |
$ | (0.75 | ) |
| * | Net income (loss) attributable to common stockholders was computed by deducting the difference between the fair value of the consideration transferred to the holders of the preferred stock and the carrying amount of the preferred stock and fair value of the related derivative liability of $1.3 million for the six months ended June 30, 2024. |
Basic
earnings (loss) per share is calculated using the weighted average number of common shares outstanding during the period. Diluted loss
per share is calculated using the weighted average number of common shares and common share equivalents outstanding during the period
(which consist of restricted stock units to the extent they are dilutive). Potentially dilutive restricted stock units of 250,349 for
the three months ended June 30, 2025, and 340,270 and 514,687 for the six months ended June 30, 2025 and 2024, respectively, were excluded
from the computation of diluted loss per share since they would have been anti-dilutive.
|