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Basic and diluted net earnings (loss) per share
 6 Months Ended
Jun. 30, 2024
Earnings Per Share, Basic and Diluted EPS [Abstract]  
Basic and diluted net earnings (loss) per share Basic and diluted net earnings (loss) per share
Basic and diluted earnings (loss) per share have been calculated on the basis of earnings (loss) attributable to the common shareholders of the Company and the weighted average number of common shares and bonus deferral restricted share units outstanding. Diluted net earnings (loss) per share is computed using the weighted-average number of common shares, additional shares issued subsequent to quarter-end under the dividend reinvestment plan, and, if dilutive, potential incremental common shares related to the convertible debentures or resulting from the application of the treasury stock method to the Green Equity Units (note 7), as applicable, and the weighted average number of outstanding share options, PSUs, RSUs and DSUs outstanding during the period.
17.Basic and diluted net earnings (loss) per share (continued)
The reconciliation of the net earnings (loss) and the weighted average shares used in the computation of basic and diluted earnings (loss) per share are as follows:
Three months endedSix months ended
June 30June 30
2024202320242023
Net earnings (loss) attributable to shareholders of AQN200,766 (253,231)$111,620 $16,908 
Series A preferred share dividend
1,448 1,142 2,203 2,290 
Series D preferred share dividend
1,257 938 2,914 1,882 
Net earnings (loss) attributable to common shareholders of AQN – basic and diluted$198,061 $(255,311)$106,503 $12,736 
Weighted average number of shares
Basic701,593,792 687,847,010 695,700,444 688,277,615 
Effect of dilutive securities2,360,493 — 2,039,030 2,838,682 
Diluted703,954,285 687,847,010 697,739,474 691,116,297 
This calculation of diluted shares excludes the potential impact of 6,118,555 incremental shares that may become issuable pursuant to outstanding securities of the Company for the three months ended June 30, 2024, and 6,126,908 securities for the six months ended June 30, 2024 as they are anti-dilutive. This calculation of diluted shares for the six months ended June 30, 2023 excludes the potential impact of 6,350,530 securities, as they are anti-dilutive.