v3.26.1
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic Earnings Per Share
The following is the calculation of the Company’s basic EPS (in thousands, except per share data):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Basic earnings (loss) per share:
Net income (loss) available to common stockholders$72,487 $57,545 $156,635 $112,709 
Less: Dividends declared and allocation of undistributed earnings to participating securities(2,902)(2,428)(6,484)(4,804)
Net income (loss) attributable to common stockholders
$69,585 $55,117 $150,151 $107,905 
Basic weighted-average shares of common stock outstanding475,565 480,138 474,886 479,655 
Basic earnings (loss) per share$0.15 $0.11 $0.32 $0.22 
Schedule of Fully Diluted Earnings Per Share
The following is the calculation of the Company’s fully diluted EPS (in thousands, except per share data):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Fully diluted earnings (loss) per share:
Net income (loss) attributable to common stockholders
$69,585 $55,117 $150,151 $107,905 
Add back: Allocations of undistributed earnings to participating securities2,638 2,142 5,948 4,220 
Less: Reallocation of undistributed earnings to participating securities
(2,620)(2,123)(5,898)(4,175)
Net income (loss) for fully diluted shares$69,603 $55,136 $150,201 $107,950 
Weighted-average shares:
Common stock outstanding475,565 480,138 474,886 479,655 
Other1
3,400 4,498 4,204 5,435 
Fully diluted weighted-average shares of common stock outstanding
478,965 484,636 479,090 485,090 
Fully diluted earnings (loss) per share
$0.15 $0.11 $0.31 $0.22 
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1Primarily consists of contracts to issue shares of BGC common stock.