| Summary of Reconciliation of Basic and Diluted Net Earnings (Loss) Income Per Common Share |
The following is a reconciliation of basic and diluted net (loss) income per common share:
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Year Ended December 31, |
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(in thousands, except share and earnings per share data) |
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2025 |
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2024 |
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2023 |
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Basic earnings per share computation: |
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Numerator: |
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Net loss from continuing operations attributable to stockholders of Advantage Solutions Inc. |
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$ |
(227,735 |
) |
|
$ |
(378,404 |
) |
|
$ |
(81,211 |
) |
Less: net income from continuing operations attributable to noncontrolling interest |
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|
— |
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|
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— |
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|
|
2,346 |
|
Net loss from continuing operations attributable to stockholders of Advantage Solutions Inc. |
|
$ |
(227,735 |
) |
|
$ |
(378,404 |
) |
|
$ |
(83,557 |
) |
Net income from discontinued operations, net of tax |
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— |
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53,634 |
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20,829 |
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Less: net income from discontinued operations attributable to noncontrolling interest, net of tax |
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— |
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2,192 |
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|
594 |
|
Net income from discontinued operations attributable to stockholders of Advantage Solutions Inc. |
|
$ |
— |
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|
$ |
51,442 |
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|
$ |
20,235 |
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Denominator: |
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Weighted average common shares - basic |
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324,564,046 |
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321,515,982 |
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323,677,515 |
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Basic loss per common share from continuing operations attributable to stockholders of Advantage Solutions Inc. |
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$ |
(0.70 |
) |
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$ |
(1.18 |
) |
|
$ |
(0.26 |
) |
Basic earnings per common share from discontinued operations attributable to stockholders of Advantage Solutions Inc. |
|
$ |
— |
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|
$ |
0.16 |
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$ |
0.06 |
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Diluted earnings per share computation: |
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Numerator: |
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|
|
|
|
|
|
|
|
Net loss from continuing operations attributable to stockholders of Advantage Solutions Inc. |
|
$ |
(227,735 |
) |
|
$ |
(378,404 |
) |
|
$ |
(81,211 |
) |
Less: net income from continuing operations attributable to noncontrolling interest |
|
|
— |
|
|
|
— |
|
|
|
2,346 |
|
Net loss from continuing operations attributable to stockholders of Advantage Solutions Inc. |
|
$ |
(227,735 |
) |
|
$ |
(378,404 |
) |
|
$ |
(83,557 |
) |
Net income from discontinued operations, net of tax |
|
|
— |
|
|
|
53,634 |
|
|
|
20,829 |
|
Less: net income from discontinued operations attributable to noncontrolling interest, net of tax |
|
|
— |
|
|
|
2,192 |
|
|
|
594 |
|
Net income from discontinued operations attributable to stockholders of Advantage Solutions Inc. |
|
$ |
— |
|
|
$ |
51,442 |
|
|
$ |
20,235 |
|
Denominator: |
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Weighted average common shares - diluted |
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|
324,564,046 |
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|
321,515,982 |
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|
323,677,515 |
|
Diluted loss per common share from continuing operations |
|
$ |
(0.70 |
) |
|
$ |
(1.18 |
) |
|
$ |
(0.26 |
) |
Diluted income per common share from discontinued operations |
|
$ |
— |
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|
$ |
0.16 |
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$ |
0.06 |
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