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INCOME (LOSS) PER SHARE
 6 Months Ended
Jun. 30, 2025
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 dilutive potential common shares during the period.
Dilutive potential common shares include stock options, Restricted Share Units (“RSUs”), and convertible notes.
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,
2025202420252024
Net income (loss)$80,362 $2,464 $134,808 $(355,698)
Net (income) loss attributable to non-controlling interest
9,713 7,229 14,048 78,309 
Net income (loss) attributable to SSR Mining shareholders
90,075 9,693 148,856 (277,389)
Interest saving on 2019 Notes, net of tax
1,247 — 2,479 — 
Net income (loss) used in the calculation of diluted net income per share
$91,322 $9,693 $151,335 $(277,389)
 
Weighted average number of common shares issued
202,774 202,133 202,598 202,244 
Adjustments for dilutive instruments:
Restricted share units
1,220 274 1,112 — 
2019 Notes
12,995 — 12,981 — 
Diluted weighted average number of shares outstanding
216,989 202,407 216,691 202,244 
 
Net income (loss) per share attributable to SSR Mining shareholders
Basic
$0.44 $0.05 $0.73 $(1.37)
Diluted
$0.42 $0.05 $0.70 $(1.37)
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.