Schedule of Computation of Basic and Diluted Earnings per Share |
The computation of basic and diluted earnings per share attributable to common shareholders is as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | | (In thousands, except per share data) | Basic EPS: | | | | | | | | Numerator: | | | | | | | | Net earnings | $ | 6,285 | | | $ | 10,121 | | | $ | 2,369 | | | $ | 16,194 | | Less: Net earnings attributed to participating securities | (124) | | | (195) | | | (47) | | | (312) | | Net earnings attributable to common stock shareholders | $ | 6,161 | | | $ | 9,926 | | | $ | 2,322 | | | $ | 15,882 | | Denominator: (a) | | | | | | | | Weighted average basic common shares outstanding | 161,675 | | | 165,295 | | | 161,502 | | | 165,164 | | | | | | | | | | Basic earnings per share | $ | 0.04 | | | $ | 0.06 | | | $ | 0.01 | | | $ | 0.10 | | | | | | | | | | Diluted EPS: | | | | | | | | Numerator: | | | | | | | | Net earnings | $ | 6,285 | | | $ | 10,121 | | | $ | 2,369 | | | $ | 16,194 | | Less: Net earnings attributed to participating securities | (121) | | | (191) | | | (45) | | | (305) | | Net earnings attributable to common stock shareholders | $ | 6,164 | | | $ | 9,930 | | | $ | 2,324 | | | $ | 15,889 | | Denominator: (a) | | | | | | | | Weighted average basic common shares outstanding | 161,675 | | | 165,295 | | | 161,502 | | | 165,164 | | Dilutive securities | 3,336 | | | 3,353 | | | 5,717 | | | 3,658 | | Weighted average diluted common shares outstanding | 165,011 | | | 168,648 | | | 167,219 | | | 168,822 | | | | | | | | | | Antidilutive securities | 9,612 | | | 13,969 | | | 7,661 | | | 13,391 | | | | | | | | | | Diluted earnings per share | $ | 0.04 | | | $ | 0.06 | | | $ | 0.01 | | | $ | 0.09 | |
_____________________ (a) Vimeo Restricted Shares were excluded from the computation of average basic common shares outstanding for EPS purposes because the number of shares that ultimately vest is subject to the satisfaction of certain market conditions.
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