v3.26.1
Earnings Per Share of Common Stock
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share of Common Stock

Note 7. Earnings Per Share of Common Stock

 

The following table sets forth the reconciliations of the numerators and denominators of the Company’s basic and diluted earnings per share (“EPS”) calculations for the three and six months ended June 30, 2026 and 2025.

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to Chemours

 

$

(274

)

 

$

(380

)

 

$

(303

)

 

$

(385

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares
outstanding - basic

 

 

151,225,044

 

 

 

150,238,691

 

 

 

150,997,325

 

 

 

150,078,085

 

Dilutive effect of the Company’s employee
compensation plans (1)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares
outstanding - diluted

 

 

151,225,044

 

 

 

150,238,691

 

 

 

150,997,325

 

 

 

150,078,085

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (loss) earnings per share of common stock (2)

 

$

(1.81

)

 

$

(2.53

)

 

 

(2.01

)

 

$

(2.56

)

Diluted (loss) earnings per share of common stock (1) (2)

 

 

(1.81

)

 

$

(2.53

)

 

 

(2.01

)

 

$

(2.56

)

(1)
In periods where the Company incurs a net loss, the impact of potentially dilutive securities is excluded from the calculation of EPS, as their inclusion would have an anti-dilutive effect. As such, with respect to the measure of diluted EPS, the impact of 1,588,513 and 1,204,120 potentially dilutive securities is excluded from the calculation for three and six months ended June 30, 2026, respectively. Additionally, with respect to the measure of diluted EPS, the impact of 268,070 and 379,632 potentially dilutive securities is excluded from the calculation for the three and six months ended June 30, 2025, respectively.
(2)
Figures may not recalculate exactly due to rounding. Basic and diluted earnings per share are calculated based on unrounded numbers.

 

The following table sets forth the average number of stock options and performance stock options that were out of the money and, therefore, were not included in the Company’s diluted EPS calculations for the three and six months ended June 30, 2026 and 2025.

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Average number of stock options

 

 

2,288,634

 

 

 

5,902,148

 

 

 

2,327,983

 

 

 

4,351,194