v3.25.2
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of (losses) earnings per share
The components of the numerator for the calculation of basic and diluted EPS are as follows:
Six months ended June 30,
(in thousands of $)20252024
Net income net of non-controlling interests - basic and diluted
23,836 81,127 
The components of the denominator for the calculation of basic and diluted EPS are as follows:
Six months ended June 30,
(in thousands of $)20252024
Basic:
Weighted average number of common shares outstanding104,655 104,278 
Dilutive:
Dilutive impact of share options and RSUs
807 724 
Dilutive impact of 2025 Convertible Bonds (1)
55 — 
Weighted average number of common shares outstanding105,517 105,002 

EPS are as follows:
Six months ended June 30,
20252024
Basic earnings per share ($)
$0.23 $0.78 
Diluted earnings per share ($)
$0.23 $0.77 
(1) On June 30, 2025, we issued $575 million of 2.75% convertible senior unsecured notes (the “2025 Convertible Bonds”), maturing December 15, 2030. The initial conversion rate is 17.3834 common shares per $1,000 principal amount of the bonds, equivalent to conversion price of approximately $57.53 per common share. The time-weighted potential dilutive impact of the issuance has been reflected above.