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Earnings Per Share of Common Stock (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the reconciliations of the numerators and denominators of the Company’s basic and diluted earnings (loss) per share calculations for the years ended December 31, 2024, 2023 and 2022.

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Chemours

 

$

86

 

 

$

(238

)

 

$

578

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares
outstanding - basic

 

 

149,494,462

 

 

 

148,912,397

 

 

 

155,359,361

 

Dilutive effect of the Company’s employee
compensation plans (1)

 

 

677,827

 

 

 

 

 

 

2,943,646

 

Weighted-average number of common shares
outstanding - diluted

 

 

150,172,289

 

 

 

148,912,397

 

 

 

158,303,007

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share of common stock (2)

 

$

0.58

 

 

$

(1.60

)

 

$

3.72

 

Diluted earnings (loss) per share of common stock (1) (2)

 

 

0.57

 

 

 

(1.60

)

 

 

3.65

 

(1)
In periods where the Company incurs a net loss, the impact of potentially dilutive securities is excluded from the calculation of EPS, as their inclusion would have an anti-dilutive effect. As such, with respect to the measure of diluted EPS, the impact of 1,584,958 potentially dilutive securities is excluded from the calculation for the year ended December 31, 2023.
(2)
Figures may not recalculate exactly due to rounding. Basic and diluted earnings (loss) per share are calculated based on unrounded numbers.
Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

The following table sets forth the average number of stock options and performance stock options that were out of the money and, therefore, were not included in the Company’s diluted earnings (loss) per share calculations for the years ended December 31, 2024, 2023 and 2022.

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Average number of stock options

 

 

2,246,602

 

 

 

1,444,099

 

 

 

1,077,922