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INCOME (LOSS) PER SHARE
 9 Months Ended
Sep. 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 September 30,Nine Months Ended September 30,
2025202420252024
Net income (loss)$57,092 $6,251 $191,900 $(349,447)
Net (income) loss attributable to non-controlling interest
8,349 4,306 22,397 82,615 
Net income (loss) attributable to SSR Mining shareholders
65,441 10,557 214,297 (266,832)
Interest saving on 2019 Notes, net of tax
1,248 — 3,727 — 
Net income (loss) used in the calculation of diluted net income per share
$66,689 $10,557 $218,024 $(266,832)
 
Weighted average number of common shares issued
202,783 202,140 202,660 202,209 
Adjustments for dilutive instruments:
Restricted share units
1,670 307 1,377 — 
2019 Notes
13,011 — 12,981 — 
Diluted weighted average number of shares outstanding
217,464 202,447 217,018 202,209 
 
Net income (loss) per share attributable to SSR Mining shareholders
Basic
$0.32 $0.05 $1.06 $(1.32)
Diluted
$0.31 $0.05 $1.00 $(1.32)
For the three months ended September 30, 2024, $1.2 million of interest saving on convertible notes, net of tax, and 12,951 common shares were excluded from the diluted income per common share calculation because the effect would be antidilutive.
For the nine months ended September 30, 2024, $3.7 million of interest saving on convertible notes, net of tax, 12,921 common shares, and 389 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.