v3.25.2
Note 9 - Earnings Per Share
 6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 9. Earnings per Share

 

Reconciliation of the numerators and denominators of the earnings per share calculations — 

 

  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 
  

2025

  

2024

  

2025

  

2024

 

Net loss from continuing operations

 $(12) $(61) $(29) $(126)

Less: Noncontrolling interests net income from continuing operations

  4   5   9   10 

Less: Redeemable noncontrolling interests net loss from continuing operations

     (5)     (13)

Net loss from continuing operations attributable to the parent company

  (16)  (61)  (38)  (123)

Net income from discontinued operations

  43   77   90   142 

Net income attributable to the parent company

 $27  $16  $52  $19 
                 

Denominator:

                

Weighted-average common shares outstanding - Basic

  143.8   145.0   144.7   144.9 

Employee compensation-related shares

  —   —   —   — 

Weighted-average common shares outstanding - Diluted

  143.8   145.0   144.7   144.9 

 

The share count for diluted earnings per share is computed on the basis of the weighted-average number of common shares outstanding plus the effects of dilutive common stock equivalents (CSEs) outstanding during the period. We excluded 0.3 and 0.2 million CSEs from the calculation of diluted earnings per share for the second quarters of 2025 and 2024 and excluded 0.2 million and 2.1 million of CSEs for the respective year-to-date periods as the effect of including them would have been anti-dilutive. In addition, we excluded CSEs that satisfied the definition of potentially dilutive shares of 1.7 and 0.2 million for the second quarters of 2025 and 2024 and excluded 1.5 million for the year-to-date 2025 period as a result of the loss from continuing operations for these periods.