EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2026

The Company’s basic earnings per common share are computed by dividing income available to common stockholders by the weighted average number of shares of common stock outstanding during the relevant period. Diluted earnings per common share of the Company are computed by dividing income available to common stockholders by the weighted average number of common shares issued and outstanding, inclusive of the effect of potentially dilutive securities (such as options to purchase common shares and restricted stock units and awards which were outstanding during the period but were antidilutive) through the application of the treasury method and/or the if-converted method, when applicable.

The following table shows the computation of basic and diluted earnings per share (in thousands, except per share amounts):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
Income:
Net income attributable to Bristow Group Inc.	$	27,730	$	51,544	$	61,990	$	110,651
Shares of common stock:
Weighted average shares of common stock outstanding – basic	29,407		28,867		29,440		28,787
Net effect of dilutive stock	445		1,065		535		1,071
Weighted average shares of common stock outstanding – diluted(1)	29,852		29,932		29,975		29,858

Earnings per common share - basic	$	0.94	$	1.79	$	2.11	$	3.84
Earnings per common share - diluted	$	0.93	$	1.72	$	2.07	$	3.71

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(1)Excludes weighted average shares of common stock of 49,045 and 70,529 for the three months ended September 30, 2026 and 2025, respectively, and 41,778 and 59,828 for the nine months ended September 30, 2026 and 2025, respectively, for certain share awards as the effect of their inclusion would have been antidilutive.