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COMPUTATION OF NET (LOSS) INCOME PER COMMON SHARE (Tables) | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
Summary of Reconciliation of the Numerator and Denominator Used in the Calculation of Basic Net (Loss) Income Per Common Share | A reconciliation of the numerator and denominator used in the calculation of basic net (loss) income per common share follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Numerator: |  |  |  |  |  |  |
Net (loss) income | $ | (10,908) |  |  | $ | 21,220 |  |  | $ | 38,232 |  |  | $ | 58,818 |
Less: net income attributable to noncontrolling interest | 2 |  |  | 2 |  |  | 4 |  |  | 3 |
Net (loss) income attributable to PACS Group, Inc. | $ | (10,910) |  |  | $ | 21,218 |  |  | $ | 38,228 |  |  | $ | 58,815 |
Denominator: |  |  |  |  |  |  |
Weighted average common shares outstanding | 149,463,655 |  |  | 128,723,386 |  |  | 139,093,520 |  |  | 128,723,386 |
Basic net (loss) income per common share | $ | (0.07) |  |  | $ | 0.16 |  |  | $ | 0.27 |  |  | $ | 0.46 |
A reconciliation of the numerator and denominator used in the calculation of diluted net (loss) income per common share follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Numerator: |  |  |  |  |  |  |
Net (loss) income | $ | (10,908) |  |  | $ | 21,220 |  |  | $ | 38,232 |  |  | $ | 58,818 |
Less: net income attributable to noncontrolling interest | 2 |  |  | 2 |  |  | 4 |  |  | 3 |
Net (loss) income attributable to PACS Group, Inc. | $ | (10,910) |  |  | $ | 21,218 |  |  | $ | 38,228 |  |  | $ | 58,815 |
Denominator: |  |  |  |  |  |  |
Weighted average common shares outstanding | 149,463,655 |  |  | 128,723,386 |  |  | 139,093,520 |  |  | 128,723,386 |
Plus: effect of diluted shares(1) | — |  |  | — |  |  | 591,098 |  |  | — |
Adjusted weighted average common shares outstanding | 149,463,655 |  |  | 128,723,386 |  |  | 139,684,618 |  |  | 128,723,386 |
Diluted net (loss) income per common share | $ | (0.07) |  |  | $ | 0.16 |  |  | $ | 0.27 |  |  | $ | 0.46 |
__________________ (1) The diluted per share amounts do not reflect 1,182,196 common share equivalents from restricted stock units for the three months ended June 30, 2024 because of their anti-dilutive effect.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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