v3.25.2
Earnings (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
A reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings per share is presented below (amounts in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Net income$108,253 $69,810 $194,203 $148,181 
Less: net income attributable to noncontrolling interests(51,849)(34,134)(93,050)(69,670)
Net income attributable to Red Rock, basic56,404 35,676 101,153 78,511 
Effect of dilutive securities40,961 437 73,509 55,039 
Net income attributable to Red Rock, diluted$97,365 $36,113 $174,662 $133,550 
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Weighted average shares of Class A common stock outstanding, basic58,960 59,069 59,081 58,935 
Effect of dilutive securities43,770 1,679 43,979 44,785 
Weighted average shares of Class A common stock outstanding, diluted102,730 60,748 103,060 103,720 
Schedule of Antidilutive Securities Excluded from Computation of Diluted Earnings Per Share
The calculation of diluted earnings per share of Class A common stock excluded the following potentially dilutive securities that were outstanding at June 30, 2025 and 2024, respectively, because their inclusion would have been antidilutive (amounts in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Shares of Class B common stock and LLC Units exchangeable for Class A common stock— 45,986 — — 
Stock options3,007 1,878 3,007 2,122 
Unvested restricted shares of Class A common stock288 87 489 87