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COMPUTATION OF NET INCOME PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Summary of Reconciliation of the Numerator and Denominator Used in the Calculation of Basic Net Income Per Common Share
A reconciliation of the numerator and denominator used in the calculation of basic net income per common share follows:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Numerator:
Net income$16,210 $19,927 $19,153 $78,745 
Less: net income attributable to noncontrolling interest590 594 
Net income attributable to PACS Group, Inc.$15,620 $19,925 $18,559 $78,740 
Denominator:
Weighted average common shares outstanding153,124,371 128,723,386 143,804,609 128,723,386 
Basic net income per common share$0.10 $0.15 $0.13 $0.61 
A reconciliation of the numerator and denominator used in the calculation of diluted net income per common share follows:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Numerator:
Net income$16,210 $19,927 $19,153 $78,745 
Less: net income attributable to noncontrolling interest590 594 
Net income attributable to PACS Group, Inc.$15,620 $19,925 $18,559 $78,740 
Denominator:
Weighted average common shares outstanding153,124,371 128,723,386 143,804,609 128,723,386 
Plus: effect of diluted shares
5,328,960 — 1,933,274 — 
Adjusted weighted average common shares outstanding158,453,331 128,723,386 145,737,883 128,723,386 
Diluted net income per common share$0.10 $0.15 $0.13 $0.61