| Schedule of basic and diluted earnings per share |
Basic and diluted earnings per share were calculated as follows: | | | | | | | | | | | | | | | | | | | Year Ended December 31, 2025 | | Continuing Operations | | Discontinued Operations | | Total | | Net income | $ | 239,444 | | | $ | 70,841 | | | $ | 310,285 | | | Net income attributable to noncontrolling interests | 2,870 | | | — | | | 2,870 | | | Net income attributable to BRC Group Holdings, Inc. | 236,574 | | | 70,841 | | | 307,415 | | | Preferred stock dividends | 8,060 | | | — | | | 8,060 | | | Net income available to common shareholders | $ | 228,514 | | | $ | 70,841 | | | $ | 299,355 | | | | | | | | | Year Ended December 31, 2024 | | Continuing Operations | | Discontinued Operations | | Total | | Net (loss) income | $ | (922,409) | | | $ | 147,470 | | | $ | (774,939) | | | Net loss attributable to noncontrolling interests | (8,920) | | | (1,745) | | | (10,665) | | | Net (loss) income attributable to BRC Group Holdings, Inc. | (913,489) | | | 149,215 | | | (764,274) | | | Preferred stock dividends | 8,060 | | | — | | | 8,060 | | | Net (loss) income available to common shareholders | $ | (921,549) | | | $ | 149,215 | | | $ | (772,334) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | Year Ended December 31, | | 2025 | | 2024 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted average common shares outstanding: | | | | | | | Basic | 30,555,258 | | | 30,336,274 | | | | | Effect of dilutive potential common shares: | | | | | | | Restricted stock units, warrants, and stock options | — | | | — | | | | | Diluted | 30,555,258 | | | 30,336,274 | | | | | | | | | | | Basic net income (loss) per common share: | | | | | | | Continuing operations | $ | 7.48 | | | $ | (30.38) | | | | | Discontinued operations | 2.32 | | | 4.92 | | | | | Basic income (loss) per common share | $ | 9.80 | | | $ | (25.46) | | | | | Diluted net income (loss) per common share: | | | | | | | Continuing operations | $ | 7.48 | | | $ | (30.38) | | | | | Discontinued operations | 2.32 | | | 4.92 | | | | | Diluted income (loss) per common share | $ | 9.80 | | | $ | (25.46) | | | |
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