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INCOME (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
INCOME (LOSS) PER SHARE INCOME (LOSS) PER SHARE
The Company calculates basic net income (loss) per share using, as the denominator, the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per share uses, as its denominator, the weighted-average number of common shares outstanding during the period plus the effect of dilutive potential common shares during the period.
Dilutive potential common shares include stock options, Restricted Share Units (“RSUs”), and convertible notes.
The calculations of basic and diluted net income (loss) per share attributable to SSR Mining shareholders are as follows (in thousands):
Three Months Ended March 31,
20262025
Net income (loss) from continuing operations
$250,181 $89,174 
Net loss (income) attributable to non-controlling interest from continuing operations
2,295 (3,473)
Net income (loss) attributable to SSR Mining shareholders from continuing operations
252,476 85,701 
Interest saving on 2019 Notes, net of tax
916 1,232 
Net income (loss) from continuing operations used in the calculation of diluted net income per share
$253,392 $86,933 
Net income (loss) from discontinued operations
$
(365,333)
$
(34,728)
Net loss (income) attributable to non-controlling interest from discontinued operations
6,407 7,808 
Net income (loss) attributable to SSR Mining shareholders from discontinued operations
(358,926)(26,920)
Interest saving on 2019 Notes, net of tax
— 1,232 
Net income (loss) from discontinued operations used in the calculation of diluted net income per share
$(358,926)$(25,688)
Weighted-average number of common shares issued
205,619 202,420 
Adjustments for dilutive instruments:
Restricted share units
1,396 1,145 
2019 Notes
10,636 12,981 
Diluted weighted-average number of shares outstanding
217,651 216,546 
 
Net income (loss) per share attributable to SSR Mining shareholders
Basic
Continuing operations$1.23 $0.42 
Discontinued operations(1.75)(0.13)
$(0.52)$0.29 
Diluted (1)
Continuing operations$1.16 $0.40 
Discontinued operations(1.75)(0.13)
$(0.52)$0.28 
(1)Consolidated diluted per share amounts may not sum due to the exclusion of antidilutive shares noted below.
For the three months ended March 31, 2026, $0.9 million of interest saving on convertible notes, net of tax, 10,636 common shares and 1,396 restricted share units were excluded from the diluted income per common share from discontinued operations calculation because the effect would be antidilutive.
For the three months ended March 31, 2025, $1.2 million of interest saving on convertible notes, net of tax, 12,981 common shares, and 1,145 restricted share units were excluded from the diluted income per common share from discontinued operations calculation because the effect would be antidilutive.