v3.26.1
COMPUTATION OF NET INCOME PER COMMON SHARE
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
COMPUTATION OF NET INCOME PER COMMON SHARE COMPUTATION OF NET INCOME PER COMMON SHARE
Basic net income per share is calculated by dividing net income attributable to the common stockholders by the weighted-average shares of common stock outstanding for the period. The computation of diluted net income per share is similar to the computation of basic net income per share, except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if the dilutive potential shares of common stock had been issued, which are comprised of restricted stock units and common stock issuable under the employee stock purchase plan, using the treasury stock method.
A reconciliation of the numerator and denominator used in the calculation of basic net income per common share follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Numerator:
Net income$76,349 $50,966 $157,017 $79,346 
Less: net (loss) income attributable to noncontrolling interest(21)3 (48)(89)
Net income attributable to PACS Group, Inc.$76,370 $50,963 $157,065 $79,435 
Denominator:
Weighted average common shares outstanding158,113,224 156,335,230 157,596,175 155,759,569 
Basic net income per common share$0.48 $0.33 $1.00 $0.51 
A reconciliation of the numerator and denominator used in the calculation of diluted net income per common share follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Numerator:
Net income$76,349 $50,966 $157,017 $79,346 
Less: net (loss) income attributable to noncontrolling interest(21)3 (48)(89)
Net income attributable to PACS Group, Inc.$76,370 $50,963 $157,065 $79,435 
Denominator:
Weighted average common shares outstanding158,113,224 156,335,230 157,596,175 155,759,569 
Plus: effect of diluted shares3,873,501 9,138,903 4,417,436 10,182,705 
Adjusted weighted average common shares outstanding161,986,725 165,474,133 162,013,611 165,942,274 
Diluted net income per common share$0.47 $0.31 $0.97 $0.48 
Potentially dilutive securities that were not included in the diluted net income per common share calculation because they would be anti-dilutive were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Unvested restricted stock units6,490 338,090 3,884 163,067 
Shares subject to Employee Stock Purchase Plan (ESPP)1,496 — 729 —