Basic earnings per share is computed by dividing net income attributable to Astrana by the weighted average number of common shares outstanding. Diluted earnings per share is computed by dividing net income attributable to Astrana by the weighted average number of common shares outstanding, plus the dilutive effect of unvested restricted stock awards and units, contingently issuable shares, stock options and shares issuable under the ESPP, as calculated under the treasury stock method. The non-controlling interest in APC is allocated its share of Astrana’s income from APC’s ownership of Astrana common stock, and this amount is included in the net (loss) income attributable to non-controlling interests in the accompanying condensed consolidated statements of income. Therefore, none of the shares of Astrana held by APC are considered outstanding for the purpose of basic or diluted earnings per share computation. As of June 30, 2026 and 2025, total treasury stock, including the Company’s stock held by APC, was 10,695,758 and 9,903,953, respectively. These are treated as treasury shares for accounting purposes and are not included in the number of shares of common stock outstanding used to calculate earnings per share. See Note 9 — “Mezzanine Deficit and Stockholders’ Equity” for information on the Company’s treasury stock.

The following potentially dilutive outstanding securities were excluded from the computation of diluted weighted average common shares outstanding because the assumed proceeds, as calculated under the treasury stock method, resulted in these awards being antidilutive or the conditions to issue such shares were not achieved as of June 30, 2026 and 2025, respectively:


	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2026		2025		2026		2025
Stock options		113,490		113,490		113,490		119,599
Restricted stock awards and units		157,091		812,780		705,745		611,258
Contingently issuable shares		1,352,348		1,085,413		1,212,242		1,103,156
Total potentially dilutive securities		1,622,929		2,011,683		2,031,477		1,834,013

Below is a summary of the earnings per share computations:


	For the Three Months Ended June 30,
	2026		2025
Earnings per share – basic	$	0.40	$	0.19
Earnings per share – diluted	$	0.40	$	0.19
Weighted average shares of common stock outstanding – basic		49,115,835		49,187,885
Weighted average shares of common stock outstanding – diluted		49,778,028		49,470,677


	For the Six Months Ended June 30,
	2026		2025
Earnings per share – basic	$	0.70	$	0.33
Earnings per share – diluted	$	0.69	$	0.33
Weighted average shares of common stock outstanding – basic		48,986,953		48,831,265
Weighted average shares of common stock outstanding – diluted		49,418,278		49,162,653

Below is a summary of the shares included in the diluted earnings per share computations:


	For the Three Months Ended June 30,
	2026		2025
Weighted average shares of common stock outstanding – basic		49,115,835		49,187,885
Stock options and ESPP shares		25,409		95,179
Restricted stock awards and units		440,358		40,259
Contingently issuable shares		196,426		147,354
Weighted average shares of common stock outstanding – diluted		49,778,028		49,470,677


	For the Six Months Ended June 30,
	2026		2025
Weighted average shares of common stock outstanding – basic		48,986,953		48,831,265
Stock options and ESPP shares		20,593		104,019
Restricted stock awards and units		260,401		85,157
Contingently issuable shares		150,331		142,212
Weighted average shares of common stock outstanding – diluted		49,418,278		49,162,653