v3.26.1
Earnings (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
A reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings per share is presented below (amounts in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Net income$76,592 $108,253 $159,312 $194,203 
Less: net income attributable to noncontrolling interests(37,474)(51,849)(77,305)(93,050)
Net income attributable to Red Rock, basic39,118 56,404 82,007 101,153 
Effect of dilutive securities271 40,961 633 73,509 
Net income attributable to Red Rock, diluted$39,389 $97,365 $82,640 $174,662 
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Weighted average shares of Class A common stock outstanding, basic57,888 58,960 58,045 59,081 
Effect of dilutive securities917 43,770 1,041 43,979 
Weighted average shares of Class A common stock outstanding, diluted58,805 102,730 59,086 103,060 
Schedule of Antidilutive Securities Excluded from Computation of Diluted Earnings Per Share
The calculation of diluted earnings per share of Class A common stock excluded the following potentially dilutive securities that were outstanding at June 30, 2026 and 2025, respectively, because their inclusion would have been antidilutive (amounts in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Shares of Class B common stock and LLC Units
exchangeable for Class A common stock
45,886 — 45,886 — 
Stock options2,632 3,007 2,655 3,007 
Unvested restricted shares of Class A common stock589 288 534 489