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Note 9 - Earnings Per Share
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 9.  Earnings per Share

 

Reconciliation of the numerators and denominators of the earnings per share calculations —

 

  

2024

  

2023

  

2022

 

Net income (loss) available to common stockholders - Numerator basic and diluted

 $(57) $38  $(242)
             

Denominator:

            

Weighted-average common shares outstanding - Basic

  145.2   144.4   143.6 

Employee compensation-related shares, including stock options

     0.2    

Weighted-average common shares outstanding - Diluted

  145.2   144.6   143.6 

 

The share count for diluted earnings per share is computed on the basis of the weighted-average number of common shares outstanding plus the effects of dilutive common stock equivalents (CSEs) outstanding during the period. We excluded 0.1 million CSEs from the calculations of diluted earnings per share for the years 2023 and 2022 as the effect of including them would have been anti-dilutive. In addition, we excluded CSEs that satisfied the definition of potentially dilutive shares of 0.2 million and 0.7 million for 2024 and 2022 because the net loss position made these anti-dilutive.