v3.26.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
The basic and diluted EPS are calculated as follows (in thousands):
Three Months Ended
March 31,
20262025
Net income (loss) attributable to Green Plains$32,938 $(72,906)
Weighted average shares outstanding - basic68,841 64,069 
EPS - basic$0.48 $(1.14)
EPS - diluted
Net income (loss) attributable to Green Plains$32,938 $(72,906)
2.25% convertible notes due 2027
313 — 
5.25% convertible notes due 2030
2,265 — 
Net income (loss) attributable to Green Plains - diluted$35,516 $(72,906)
Weighted average shares outstanding - basic68,841 64,069 
Effect of dilutive convertible debt:
2.25% convertible notes due 2027
1,897 — 
5.25% convertible notes due 2030
12,723 — 
Effect of dilutive stock-based compensation awards674 — 
Weighted average shares outstanding - diluted84,135 64,069 
EPS - diluted$0.42 $(1.14)
Anti-dilutive weighted-average convertible debt, warrants and stock-based compensation (1)
— 7,775 
(1)The effect related to the company’s convertible debt, warrants and certain stock-based compensation awards has been excluded from diluted EPS for the periods presented as the inclusion of these shares would have been antidilutive.