NOTE 9. INCOME (LOSS) PER SHARE The components of basic and diluted income (loss) per share for the three and six months ended June 30, 2026 and 2025, are as follows:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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(in thousands, except per share data) |
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2026 |
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2025 |
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2026 |
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2025 |
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Net income (loss) from continuing operations attributable to Pursuit |
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$ |
15,490 |
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$ |
4,511 |
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$ |
(9,427 |
) |
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$ |
(26,494 |
) |
(Loss) income from discontinued operations, net of tax |
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(318 |
) |
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1,135 |
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(339 |
) |
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1,004 |
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Net income (loss) attributable to Pursuit |
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$ |
15,172 |
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$ |
5,646 |
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$ |
(9,766 |
) |
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$ |
(25,490 |
) |
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Basic weighted-average outstanding common shares |
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27,702 |
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28,256 |
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27,779 |
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28,184 |
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Additional dilutive shares related to share-based compensation |
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276 |
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136 |
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— |
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— |
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Diluted weighted-average outstanding common shares |
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27,978 |
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28,392 |
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27,779 |
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28,184 |
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Income (loss) per common share: |
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Basic: |
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Continuing operations |
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$ |
0.56 |
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$ |
0.16 |
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$ |
(0.34 |
) |
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$ |
(0.94 |
) |
Discontinued operations |
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(0.01 |
) |
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0.04 |
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(0.01 |
) |
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0.04 |
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Basic income (loss) attributable to Pursuit common stockholders: |
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$ |
0.55 |
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$ |
0.20 |
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$ |
(0.35 |
) |
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$ |
(0.90 |
) |
Diluted: |
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Continuing operations |
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$ |
0.55 |
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$ |
0.16 |
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$ |
(0.34 |
) |
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$ |
(0.94 |
) |
Discontinued operations |
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(0.01 |
) |
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0.04 |
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(0.01 |
) |
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0.04 |
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Diluted income (loss) attributable to Pursuit common stockholders: |
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$ |
0.54 |
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$ |
0.20 |
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$ |
(0.35 |
) |
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$ |
(0.90 |
) |
The Company excluded the following weighted-average potential common shares from the calculations of diluted net income (loss) per common share during the applicable periods because their inclusion would have been anti-dilutive:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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(in thousands) |
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2026 |
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2025 |
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2026 |
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2025 |
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Unvested restricted share-based awards |
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4 |
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114 |
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99 |
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193 |
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Unvested performance share-based awards |
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— |
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146 |
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165 |
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235 |
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Stock options |
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— |
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225 |
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— |
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194 |
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