XML 88 R54.htm IDEA: XBRL DOCUMENT v3.25.0.1
Earnings per Common Share (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Basic and Diluted Earnings per Share
Presented below is a summary of the components used to calculate basic and diluted earnings per share. The Company applies the two-class method in computing both basic and diluted earnings per share, which requires the calculation of separate earnings per share amounts for common stock and unvested share-based awards. Unvested share-based awards that contain nonforfeitable rights to dividends are considered securities which participate in undistributed earnings with common stock.
 Year ended December 31,
202420232022
Common shareholdersUnvested restricted stock shareholdersTotalCommon shareholdersUnvested restricted stock shareholdersTotalCommon shareholdersUnvested restricted stock shareholdersTotal
Numerator:
Net income attributable to Nelnet, Inc.$180,498 3,547 184,045 87,936 1,890 89,826 399,124 7,775 406,899 
Denominator:
Weighted-average common shares outstanding - basic and diluted35,936,337 706,196 36,642,533 36,629,437 787,184 37,416,621 36,884,548 718,485 37,603,033 
Earnings per share - basic and diluted$5.02 5.02 5.02 2.40 2.40 2.40 10.82 10.82 10.82