| Earnings Per Common Share |
Earnings Per Common Share Earnings per Common Share (Basic and Diluted)
The following table presents basic and diluted net earnings per common share based on the weighted average outstanding shares:
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | Net income (loss) attributable to common stockholders | $ | 26 | | | $ | (78) | | | $ | 39 | | | $ | (186) | | Less: Income allocated to participating securities | — | | | — | | | — | | | — | | Net income (loss) attributable to common stockholders | $ | 26 | | | $ | (78) | | | $ | 39 | | | $ | (186) | | Weighted average common shares outstanding | 416,829,060 | | 415,125,228 | | 416,490,985 | | 414,975,524 | Basic income (loss) per common share | $ | 0.06 | | | $ | (0.19) | | | $ | 0.09 | | | $ | (0.45) | | Net income (loss) attributable to common stockholders | $ | 26 | | | $ | (78) | | | $ | 39 | | | $ | (186) | | Weighted average common shares outstanding | 416,829,060 | | 415,125,228 | | 416,490,985 | | 414,975,524 | Dilutive potential common shares | 56,794,272 | | — | | 53,576,973 | | — | Total shares for diluted earnings per common share computation | 473,623,332 | | | 415,125,228 | | | 470,067,958 | | 414,975,524 | Diluted income (loss) per common share and common share equivalents | $ | 0.06 | | | $ | (0.19) | | | $ | 0.08 | | | $ | (0.45) | |
For the three and six months ended June 30, 2026, there were no antidilutive shares.
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