v3.25.2
Income (Loss) Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Income (Loss) Per Share

13. INCOME (LOSS) PER SHARE

Basic and diluted net income (loss) per common share is calculated as follows:

 

 

Three months ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Village Farms International, Inc. shareholders from continuing operations

 

$

10,203

 

 

$

(16,546

)

 

$

8,503

 

 

$

(21,554

)

Income (loss) from discontinued operations, net of tax

 

$

16,294

 

 

$

(7,003

)

 

$

11,291

 

 

$

(4,847

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares - basic

 

 

112,347

 

 

 

110,960

 

 

 

112,342

 

 

 

110,604

 

Effect of dilutive securities- share-based employee options and awards

 

 

389

 

 

 

 

 

 

265

 

 

 

 

Weighted average number of common shares - diluted

 

 

112,736

 

 

 

110,960

 

 

 

112,607

 

 

 

110,604

 

Antidilutive options and awards

 

 

6,501

 

 

 

6,572

 

 

 

6,625

 

 

 

6,572

 

Net income (loss) per ordinary share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic income (loss) per share attributable to Village Farms International, Inc. shareholders from:

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.09

 

 

$

(0.15

)

 

$

0.08

 

 

$

(0.20

)

Discontinued operations

 

 

0.15

 

 

 

(0.06

)

 

 

0.10

 

 

 

(0.04

)

Basic income (loss) per share attributable to Village Farms International, Inc. shareholders

 

$

0.24

 

 

$

(0.21

)

 

$

0.18

 

 

$

(0.24

)

Diluted income (loss) per share attributable to Village Farms International, Inc. shareholders from:

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.10

 

 

$

(0.15

)

 

$

0.08

 

 

$

(0.20

)

Discontinued operations

 

 

0.14

 

 

 

(0.06

)

 

 

0.10

 

 

 

(0.04

)

Diluted income (loss) per share attributable to Village Farms International, Inc. shareholders

 

$

0.24

 

 

$

(0.21

)

 

$

0.18

 

 

$

(0.24

)