Income per share (basic and diluted) available to common stockholders is presented below ($ in millions, except per share amounts, and shares in thousands):


	Three Months Ended June 30,						Six Months Ended June 30,
	2026			2025			2026			2025
Net income attributable to Nexstar Media Group, Inc.	$	120		$	97		$	284		$	205
Accretion of redeemable noncontrolling interests		(7	)		(4	)		(13	)		(8	)
Net income available to common stockholders	$	113		$	93		$	271		$	197

Weighted average shares outstanding – basic		30,615			30,221			30,494			30,375
Dilutive effect of equity incentive plan instruments		293			293			543			344
Weighted average shares outstanding – diluted		30,908			30,514			31,037			30,719

Net income per share available to common stockholders – basic	$	3.65		$	3.09		$	8.86		$	6.50
Net income per share available to common stockholders – diluted	$	3.61		$	3.06		$	8.71		$	6.43

During the three and six months ended June 30, 2026, weighted average restricted stock units of 400,000 and 219,000, respectively, were excluded from the calculation of diluted income per share because their effect would have been anti-dilutive.

During the three and six months ended June 30, 2025, weighted average restricted stock units of 112,000 and 75,000, respectively, were excluded from the calculation of diluted income per share because their effect would have been anti-dilutive.