v3.26.1
Earnings Per Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share
Note 4 Earnings Per Share
Basic earnings per share attributable to Array shareholders is computed by dividing Net income attributable to Array shareholders by the weighted average number of Common Shares outstanding during the period. Diluted earnings per share attributable to Array shareholders is computed by dividing Net income attributable to Array shareholders by the weighted average number of Common Shares outstanding during the period adjusted to include the effects of potentially dilutive securities. Potentially dilutive securities primarily include incremental shares issuable upon the exercise of outstanding stock options and the vesting of performance and restricted stock units, as calculated using the treasury stock method.
The amounts used in computing basic and diluted earnings per share attributable to Array shareholders were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
(Dollars and shares in thousands, except per share amounts)
Net income from continuing operations attributable to Array shareholders$333,770 $14,773 $513,602 $19,456 
Net income from discontinued operations attributable to Array shareholders24,926 16,723 22,889 30,287 
Net income attributable to Array shareholders$358,696 $31,496 $536,491 $49,743 
Weighted average number of shares used in basic earnings per share86,482 85,779 86,449 85,459 
Effects of dilutive securities28 2,005 50 2,488 
Weighted average number of shares used in diluted earnings per share86,510 87,784 86,499 87,947 
Basic earnings per share from continuing operations attributable to Array shareholders$3.86 $0.17 $5.94 $0.23 
Basic earnings per share from discontinued operations attributable to Array shareholders0.29 0.20 0.27 0.35 
Basic earnings per share attributable to Array shareholders$4.15 $0.37 $6.21 $0.58 
Diluted earnings per share from continuing operations attributable to Array shareholders$3.86 $0.17 $5.94 $0.22 
Diluted earnings per share from discontinued operations attributable to Array shareholders0.29 0.19 0.26 0.35 
Diluted earnings per share attributable to Array shareholders$4.15 $0.36 $6.20 $0.57 
Certain Common Shares issuable upon the exercise of stock options or vesting of performance and restricted stock units were not included in weighted average diluted shares outstanding for the calculation of Diluted earnings per share attributable to Array shareholders because their effects were antidilutive. The number of such Common Shares excluded was less than 0.1 million for the three and six months ended June 30, 2026 and 2025.