XML 28 R17.htm IDEA: XBRL DOCUMENT v3.25.1
Earnings Per Share
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The calculation and reconciliation of basic and diluted earnings per share attributable to Corpay for the three months ended March 31, 2025 and 2024 is as follows (in thousands, except per share data):
 
 Three Months Ended March 31,
 20252024
Net income attributable to Corpay
$243,233 $229,769 
Denominator for basic earnings per share70,316 71,769 
Dilutive securities1,242 1,776 
Denominator for diluted earnings per share71,558 73,545 
Basic earnings per share attributable to Corpay
$3.46 $3.20 
Diluted earnings per share attributable to Corpay
$3.40 $3.12 
Diluted earnings per share attributable to Corpay for the three months ended March 31, 2025 and 2024 excludes the effect of 0.1 million and 0.3 million shares, respectively, of common stock that may be issued upon the exercise of employee stock options because such effect would be anti-dilutive. Diluted earnings per share attributable to Corpay also excludes the effect of an immaterial amount of performance-based restricted stock for which the performance criteria have not yet been achieved for the three month periods ended March 31, 2025 and 2024.