| Summary of Basic and Diluted Earnings Per Share |
Basic and diluted earnings per share were calculated as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Numerator: | | | | | | | | | | | | | | | | | Net income attributable to The Vita Coco Company, Inc. | $ | 49,451 | | | $ | 22,908 | | | $ | 79,925 | | | $ | 41,790 | | | Denominator: | | | | | | | | | Weighted-average number of common shares used in earnings per share—basic | 57,251,361 | | | 56,795,499 | | | 57,183,296 | | | 56,894,274 | | Effect of conversion of stock options and RSUs | 3,391,436 | | | 2,847,849 | | | 3,207,302 | | | 2,914,765 | | | Weighted-average number of common shares used in earnings per share—diluted | 60,642,797 | | | 59,643,348 | | | 60,390,598 | | | 59,809,039 | | | Earnings per share—basic | $ | 0.86 | | | $ | 0.40 | | | $ | 1.40 | | | $ | 0.73 | | | Earnings per share—diluted | $ | 0.82 | | | $ | 0.38 | | | $ | 1.32 | | | $ | 0.70 | |
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| Summary of Antidilutive Securities Excluded from Computation of Earnings Per Share |
The following potentially dilutive securities, prior to the use of the treasury stock method, have been excluded from the computation of diluted weighted-average number of common shares outstanding, as they would be anti-dilutive: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Stock options and restricted stock awards | 3,295 | | | 381,471 | | | 1,657 | | | 275,595 | |
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