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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of (losses) earnings per share
The components of the numerator for the calculation of basic and diluted EPS are as follows:
Nine months ended September 30,
(in thousands of $)20252024
Net income net of non-controlling interests - basic and diluted
55,318 46,345 

The components of the denominator for the calculation of basic and diluted EPS are as follows:
Nine months ended September 30,
(in thousands of $)20252024
Basic:
Weighted average number of common shares outstanding103,874 104,217 
Dilutive:
Dilutive impact of share options and RSUs
985 918 
Dilutive impact of 2025 Convertible Bonds (1)
3,460 — 
Weighted average number of common shares outstanding108,319 105,135 

EPS are as follows:
Nine months ended September 30,
20252024
Basic earnings per share ($)
$0.53 $0.44 
Diluted earnings per share ($)
$0.51 $0.44 
(1) On June 30, 2025, we issued $575 million of 2.75% convertible senior unsecured notes (the “2025 Convertible Bonds”), maturing December 15, 2030. The initial conversion rate is 17.3834 common shares per $1,000 principal amount of the bonds, equivalent to conversion price of approximately $57.53 per common share. The time-weighted potential dilutive impact of the issuance using the if-converted method has been reflected above.