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INCOME (LOSS) PER SHARE
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
INCOME (LOSS) PER SHARE INCOME (LOSS) PER SHARE
The Company calculates basic net income (loss) per share using, as the denominator, the weighted average number of common shares outstanding during the period. Diluted net income (loss) per share uses, as its denominator, the weighted average number of common shares outstanding during the period plus the effect of potential dilutive shares during the period.
Potential dilutive common shares include stock options, Restricted Share Units (“RSUs”), and convertible notes for periods in which the Company has reported net income (loss).
The calculations of basic and diluted net income (loss) per share attributable to SSR Mining shareholders are based on the following (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Net income (loss)$2,464 $122,376 $(355,698)$151,380 
Net (income) loss attributable to non-controlling interest
7,229 (47,510)78,309 (46,701)
Net income (loss) attributable to SSR Mining shareholders
9,693 74,866 (277,389)104,679 
Interest saving on 2019 Notes, net of tax
— 1,236 — 2,456 
Net income (loss) used in the calculation of diluted net income per share
$9,693 $76,102 $(277,389)$107,135 
 
Weighted average number of common shares issued
202,133 204,680 202,244 205,723 
Adjustments for dilutive instruments:
Restricted share units
274 16 — 13 
2019 Notes
— 12,624 — 12,611 
Diluted weighted average number of shares outstanding
202,407 217,320 202,244 218,347 
 
Net income (loss) per share attributable to SSR Mining shareholders
Basic
$0.05 $0.37 $(1.37)$0.51 
Diluted
$0.05 $0.35 $(1.37)$0.49 
For the three months ended June 30, 2024, $1.2 million of interest saving on convertible notes, net of tax, and 13,210 common shares were excluded from the diluted income per common share calculation because the effect would be antidilutive.
For the six months ended June 30, 2024, $2.5 million of interest saving on convertible notes, net of tax, 13,339 common shares, and 417 restricted share units were excluded from the diluted income per common share calculation because the Company incurred a net loss and the effect would be antidilutive.