XML 51 R38.htm IDEA: XBRL DOCUMENT v3.25.2
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Basic Earnings Per Share
The following is the calculation of the Company’s basic EPS (in thousands, except per share data):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Basic earnings (loss) per share:
Net income (loss) available to common stockholders$57,545 $37,828 $112,709 $87,038 
Less: Dividends declared and allocation of undistributed earnings to participating securities(2,428)(1,774)(4,804)(4,536)
Net income (loss) attributable to common stockholders
$55,117 $36,054 $107,905 $82,502 
Basic weighted-average shares of common stock outstanding480,138 475,272 479,655 472,895 
Basic earnings (loss) per share$0.11 $0.08 $0.22 $0.17 
Schedule of Fully Diluted Earnings Per Share
The following is the calculation of the Company’s fully diluted EPS (in thousands, except per share data):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Fully diluted earnings (loss) per share:
Net income (loss) attributable to common stockholders
$55,117 $36,054 $107,905 $82,502 
Add back: Allocations of undistributed earnings to participating securities2,142 1,438 4,220 3,994 
Less: Reallocation of undistributed earnings to participating securities
(2,123)(1,422)(4,175)(3,943)
Net income (loss) for fully diluted shares$55,136 $36,070 $107,950 $82,553 
Weighted-average shares:
Common stock outstanding480,138 475,272 479,655 472,895 
Other1
4,498 5,589 5,435 6,522 
Fully diluted weighted-average shares of common stock outstanding
484,636 480,861 485,090 479,417 
Fully diluted earnings (loss) per share
$0.11 $0.08 $0.22 $0.17 
____________________________
1Primarily consists of contracts to issue shares of BGC common stock.