v3.26.1
Note 7 - Earnings Per Share
 6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 7. Earnings per Share

 

Reconciliation of the numerators and denominators of the earnings per share calculations — 

 

  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 
  

2026

  

2025

  

2026

  

2025

 

Net income (loss) from continuing operations

 $11  $(12) $(4) $(29)

Less: Noncontrolling interests net income from continuing operations

  5   4   9   9 

Net income (loss) from continuing operations attributable to the parent company

  6   (16)  (13)  (38)

Net income (loss from discontinued operations

  (11)  43   1,095   90 

Net income attributable to the parent company

 $(5) $27  $1,082  $52 
                 

Denominator:

                

Weighted-average common shares outstanding - Basic

  108.1   143.8   109.0   144.7 

Employee compensation-related shares

  1.4   —   —   — 

Weighted-average common shares outstanding - Diluted

  109.5   143.8   109.0   144.7 

 

The share count for diluted earnings per share is computed on the basis of the weighted-average number of common shares outstanding plus the effects of dilutive common stock equivalents (CSEs) outstanding during the period. We excluded 0.3 million CSEs from the calculation of diluted earnings per share for both the second quarter of 2026 and 2025  and excluded and 0.2 million of CSEs for both the respective year-to-date periods as the effect of including them would have been anti-dilutive. In addition, we excluded CSEs that satisfied the definition of potentially dilutive shares of 1.7 million for the second quarter of 2025 and excluded 1.3 million and 1.5 million for the 2026 and 2025 year-to-date periods as a result of the loss from continuing operations for these periods.