v3.26.1
EARNINGS (LOSS) PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The numerator and denominator of basic and diluted EPS computations for the Company’s common stock and Class B common stock are calculated as follows:
Year Ended December 31,
202520242023
(In thousands, except per share data)
Basic EPS:
Numerator:
Net earnings (loss) from continuing operations$51,097 $(611,834)$232,663 
Net (earnings) loss attributable to noncontrolling interests of continuing operations(308)(349)1,689 
Net earnings attributed to unvested participating security— — (8,121)
Net earnings (loss) from continuing operations attributable to People Incorporated common stock and Class B common stock shareholders50,789 (612,183)226,231 
(Loss) earnings from discontinued operations, net of tax(152,567)78,504 25,654 
Net (earnings) loss attributable to noncontrolling interests of discontinued operations(2,248)(6,218)5,936 
Net earnings attributed to unvested participating security— — (1,095)
Net (loss) earnings from discontinued operations attributable to People Incorporated common stock and Class B common stock shareholders(154,815)72,286 30,495 
Net (loss) earnings attributable to People Incorporated common stock and Class B common stock shareholders$(104,026)$(539,897)$256,726 
Denominator:
Weighted average basic People Incorporated common stock and Class B common stock shares outstanding
80,077 83,130 83,569 
Earnings (loss) per share:
Earnings (loss) per share from continuing operations attributable to People Incorporated common stock and Class B common stock shareholders$0.63 $(7.36)$2.71 
(Loss) earnings per share from discontinued operations, net of tax, attributable to People Incorporated common stock and Class B common stock shareholders(1.93)0.87 0.36 
(Loss) earnings per share attributable to People Incorporated common stock and Class B common stock shareholders$(1.30)$(6.49)$3.07 
Year Ended December 31,
202520242023
(In thousands, except per share data)
Diluted EPS:
Numerator:
Net earnings (loss) from continuing operations$51,097 $(611,834)$232,663 
Net (earnings) loss attributable to noncontrolling interests of continuing operations(308)(349)1,689 
Net earnings attributed to unvested participating security— — (7,858)
Net earnings (loss) from continuing operations attributable to People Incorporated common stock and Class B common stock shareholders50,789 (612,183)226,494 
(Loss) earnings from discontinued operations, net of tax(152,567)78,504 25,654 
Net (earnings) loss attributable to noncontrolling interests of discontinued operations(2,248)(6,218)5,936 
Net earnings attributed to unvested participating security— — (1,060)
Net (loss) earnings from discontinued operations attributable to People Incorporated common stock and Class B common stock shareholders(154,815)72,286 30,530 
Net (loss) earnings attributable to People Incorporated common stock and Class B common stock shareholders
$(104,026)$(539,897)$257,024 
Denominator:
Weighted average basic People Incorporated common stock and Class B common stock shares outstanding
80,077 83,130 83,569 
Dilutive securities(a)(b)
1,972 — 2,895 
Denominator for earnings per share—weighted average shares(a)(b)
82,049 83,130 86,464 
Earnings (loss) per share:
Earnings (loss) per share from continuing operations attributable to People Incorporated common stock and Class B common stock shareholders$0.62 $(7.36)$2.62 
(Loss) earnings per share from discontinued operations, net of tax, attributable to People Incorporated common stock and Class B common stock shareholders(1.89)0.87 0.35 
(Loss) earnings per share attributable to People Incorporated common stock and Class B common stock shareholders$(1.27)$(6.49)$2.97 
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(a)     If the effect is dilutive, weighted average common shares outstanding include the incremental shares that would be issued upon the assumed exercise of stock options and subsidiary denominated equity; vesting of RSUs; and vesting of restricted common stock and PSUs, if applicable. For the years ended December 31, 2025 and 2023, 0.6 million and 3.6 million of potentially dilutive securities, respectively, were excluded from the calculation of diluted EPS because their inclusion would have been anti-dilutive.
(b)     For the year ended December 31, 2024, the Company had a loss from continuing operations and, as a result, approximately 8.5 million potentially dilutive securities were excluded from computing diluted EPS because the impact would have been anti-dilutive. Accordingly, the weighted average basic shares outstanding were used to compute the EPS amounts.