14. Reconciliation of Basic and Diluted Shares* | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30 | | June 30 | | (In thousands, except per share amounts) | | 2026 | | 2025 | | 2026 | | 2025 | | Income (loss) from continuing operations attributable to Enviri Corporation common stockholders, net of tax | | $ | (298,301) | | | $ | (45,726) | | | $ | (322,661) | | | $ | (52,300) | | | Weighted-average shares outstanding: | | | | | | | | | | Weighted-average shares outstanding - basic | | 27,877 | | | 26,876 | | | 27,655 | | | 26,827 | | | Dilutive effect of stock-based compensation | | — | | | — | | | — | | | — | | | Weighted-average shares outstanding - diluted | | 27,877 | | | 26,876 | | | 27,655 | | | 26,827 | | | | | | | | | | | | Earnings (loss) from continuing operations per common share, attributable to Enviri Corporation common stockholders: | | Basic | | $ | (10.70) | | | $ | (1.70) | | | $ | (11.67) | | | $ | (1.95) | | | | | | | | | | | | Diluted | | $ | (10.70) | | | $ | (1.70) | | | $ | (11.67) | | | $ | (1.95) | |
The following average outstanding stock-based compensation units were not included in the computation of diluted earnings (loss) per share because the effect was either antidilutive or the market conditions for the performance share units were not met:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30 | | June 30 | | (In thousands) | | 2026 | | 2025 | | 2026 | | 2025 | | Restricted stock units | | 525 | | | 682 | | | 457 | | | 687 | | | | | | | | | | | | Stock appreciation rights | | 846 | | | 1,024 | | | 870 | | | 1,067 | | | Performance share units | | 291 | | | 632 | | | 237 | | | 725 | | | | | | | | | | | | | | | | | | | |
* Previously issued 2025 amounts have been revised due to the correction of immaterial errors, as identified in Note 1, Basis of Presentation under "Revision of Previously Issued Financial Statements".
|