Three Months Ended June 30,

Six Months Ended June 30,

2023

2022

2023

2022

Numerator:

Net income attributable to NOW Inc.

$

34

$

26

$

65

$

56

Less: net income attributable to participating securities

(1

)

(1

)

(1

)

(1

)

Net income attributable to NOW Inc. stockholders

$

33

$

25

$

64

$

55

Denominator:

Weighted average basic common shares outstanding

107,249,498

110,772,042

108,428,199

110,687,985

Effect of dilutive securities

878,013

302,291

1,044,006

260,932

Weighted average diluted common shares outstanding

108,127,511

111,074,333

109,472,205

110,948,917

Earnings per share attributable to NOW Inc. stockholders:

Basic

$

0.31

$

0.23

$

0.59

$

0.50

Diluted

$

0.31

$

0.23

$

0.59

$

0.50