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Income (Loss) Per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Income (Loss) Per Share
NOTE 14 — Income (Loss) Per Share
The following tables set forth the numerators and denominators used to compute basic and diluted net income (loss) per share of Class A and Class D common stock for the periods presented.
Three Months Ended March 31,
(in thousands)20242023
Numerator:
Net income (loss)$16,215 $(9,391)
Less: Net income (loss) attributable to non-controlling interests
9,153 (5,549)
Net income (loss) attributable to Dutch Bros Inc.
$7,062 $(3,842)
 Three Months Ended March 31,
(in thousands, except per share amounts)20242023
Basic net income (loss) per share attributable to common stockholders
Numerator:
Net income (loss) attributable to Dutch Bros Inc.
$7,062 $(3,842)
Denominator:
Weighted-average number of shares of Class A and Class D common stock outstanding - basic83,328 56,664 
Basic net income (loss) per share attributable to common stockholders$0.08 $(0.07)
Three Months Ended March 31,
(in thousands, except per share amounts)20242023
Diluted net income (loss) per share attributable to common stockholders
Numerator:
Undistributed net income (loss) for basic computation$7,062 $(3,842)
Increase in net income attributable to common stockholders upon conversion of potentially dilutive instruments
— 
Allocation of undistributed net income (loss)$7,066 $(3,842)
Denominator:
Number of shares used in basic computation83,328 56,664 
Add: weighted-average effect of dilutive securities
Restricted stock awards44 — 
Restricted stock units38 — 
Weighted-average number of shares of Class A and Class D common stock outstanding used to calculate diluted net loss per share83,410 56,664 
Diluted net income (loss) per share attributable to common stockholders$0.08 $(0.07)
The following Class A common stock equivalents were excluded from diluted net income (loss) per share in the periods presented because they were anti-dilutive:
Three Months Ended March 31,
(in thousands)
20242023
Restricted stock awards— 1,396 
Restricted stock units146 615 
Total anti-dilutive securities146 2,011