XML 49 R27.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Earnings (Loss) Per Share | 12 Months Ended
--- | ---
Dec. 31, 2024
Earnings Per Share [Abstract] |
Earnings (Loss) Per Share | Earnings (Loss) Per Share The following is a reconciliation of basic and diluted earnings (loss) per share for the years ended December 31, 2024, 2023 and 2022:
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Numerator for earnings (loss) per share calculation: |  |  |  |  |
Net income attributable to GCM Grosvenor Inc., basic | $ | 18,695 |  |  | $ | 12,774 |  |  | $ | 19,820 |
Exercise of private warrants | — |  |  | — |  |  | — |
Exercise of public warrants | — |  |  | — |  |  | — |
Exchange of Partnership units | (12,156) |  |  | (65,812) |  |  | 33,209 |
Net income (loss) attributable to common stockholders, diluted | 6,539 |  |  | (53,038) |  |  | 53,029 |
Denominator for earnings (loss) per share calculation: |  |  |  |  |
Weighted-average shares, basic | 44,741,336 |  |  | 43,198,517 |  | 43,872,300
Exercise of private warrants - incremental shares under the treasury stock method | — |  |  | — |  | — |
Exercise of public warrants - incremental shares under the treasury stock method | — |  |  | — |  | — |
Exchange of Partnership units | 144,235,246 |  |  | 144,235,246 |  | 144,235,246 |
Assumed vesting of RSUs - incremental shares under the treasury stock method | 1,613,459 |  |  | — |  | 460,446
Weighted-average shares, diluted | 190,590,041 |  |  | 187,433,763 |  | 188,567,992
Basic EPS |  |  |  |  |
Net income attributable to common stockholders, basic | $ | 18,695 |  |  | $ | 12,774 |  |  | $ | 19,820 |
Weighted-average shares, basic | 44,741,336 |  |  | 43,198,517 |  |  | 43,872,300 |
Net income per share attributable to common stockholders, basic | $ | 0.42 |  |  | $ | 0.30 |  |  | $ | 0.45 |
Diluted EPS |  |  |  |  |
Net income (loss) attributable to common stockholders, diluted | $ | 6,539 |  |  | $ | (53,038) |  |  | $ | 53,029 |
Weighted-average shares, diluted | 190,590,041 |  |  | 187,433,763 |  |  | 188,567,992 |
Net income (loss) per share attributable to common stockholders, diluted | $ | 0.03 |  |  | $ | (0.28) |  |  | $ | 0.28 |
When applying the if-converted method to calculate the potential dilutive impact of the exchangeable common units of the Partnership, the earnings (loss) per share numerator adjustment reflects the net income (loss) attributable to noncontrolling interests in GCMH, as reported, adjusted for the hypothetical incremental provision (benefit) for income taxes that would have been recorded by the Company if the units had been converted. Shares of the Company’s Class C common stock do not participate in the earnings or losses of the Company and are therefore not participating securities. As such, a separate presentation of basic and diluted earnings (loss) per share of Class C common stock under the two-class method has not been presented. The following outstanding potentially dilutive securities were excluded from the calculations of diluted earnings (loss) per share attributable to common stockholders because their impact would have been antidilutive for the periods presented:
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Public warrants | 16,784,970 |  |  | 16,784,970 |  |  | 16,784,970 |
Private warrants | 900,000 |  |  | 900,000 |  |  | 900,000 |
Unvested RSUs under the treasury stock method | — |  |  | 808,716 |  |  | — |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration