v3.26.3
Note 7 - Earnings Per Share
 9 Months Ended
Sep. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 7. Earnings per Share

 

Reconciliation of the numerators and denominators of the earnings per share calculations — 

 

  

Three Months Ended

  

Nine Months Ended

 
  

September 30,

  

September 30,

 
  

2026

  

2025

  

2026

  

2025

 

Net income (loss) from continuing operations

 $(10) $13  $(14) $(16)

Less: Noncontrolling interests net income from continuing operations

  4   4   13   13 

Net income (loss) from continuing operations attributable to the parent company

  (14)  9   (27)  (29)

Net income from discontinued operations

  29   74   1,124   164 

Net income attributable to the parent company

 $15  $83  $1,097  $135 
                 

Denominator:

                

Weighted-average common shares outstanding - Basic

  105.5   128.4   107.8   139.2 

Employee compensation-related shares

  —   2.4   —   — 

Weighted-average common shares outstanding - Diluted

  105.5   130.8   107.8   139.2 

 

The share count for diluted earnings per share is computed on the basis of the weighted-average number of common shares outstanding plus the effects of dilutive common stock equivalents (CSEs) outstanding during the period. We excluded 0.2 and 0.1 million CSEs from the calculation of diluted earnings per share for the third quarters of 2026 and 2025  and excluded 0.1 million of CSEs for both respective year-to-date periods as the effect of including them would have been anti-dilutive. In addition, we excluded CSEs that satisfied the definition of potentially dilutive shares of 1.5 million for the third quarter of 2026 and excluded 1.4 and 1.9 million for the year-to-date 2026 and 2025 periods as a result of the loss from continuing operations for these periods.