XML 32 R23.htm IDEA: XBRL DOCUMENT
v3.24.3

Earnings Per Share | 9 Months Ended
--- | ---
Sep. 30, 2024
Earnings Per Share [Abstract] |
Earnings Per Share | 15. Earnings Per Share Basic earnings per share is calculated using the weighted average number of shares of the Company’s common stock issued and outstanding during a certain period and is calculated by dividing net income attributable to Astrana by the weighted average number of shares of the Company’s common stock issued and outstanding during such period. Diluted earnings per share is calculated using the weighted average number of shares of common stock and potentially dilutive shares of common stock outstanding during the period, using the as-if converted method for secured convertible notes and preferred stock, and the treasury stock method for options and common stock warrants. As of September 30, 2024 and December 31, 2023, APC held 7,132,698 shares of Astrana’s common stock, which are treated as treasury shares for accounting purposes and not included in the number of shares of common stock outstanding used to calculate earnings per share. For the three and nine months ended September 30, 2024, there were no restricted stock awards and units excluded from the computation of diluted weighted average common shares outstanding as calculated under the treasury stock method. For the three and nine months ended September 30, 2023, 243,689 of restricted stock awards and units were excluded from the computation of diluted weighted average common shares outstanding because the assumed proceeds, as calculated under the treasury stock method, resulted in these awards being antidilutive. For the three and nine months ended September 30, 2024, stock options of 155,990 were excluded from the computation of diluted weighted average common shares outstanding because the assumed proceeds, as calculated under the treasury stock method, resulted in these awards being antidilutive. For the three and nine months ended September 30, 2023, stock options of 200,978 were excluded from the computation of diluted weighted average common shares outstanding because the assumed proceeds, as calculated under the treasury stock method, resulted in these awards being antidilutive. For the three and nine months ended September 30, 2024, contingently issuable shares of 1,085,808 were excluded from the computation of diluted weighted average common shares outstanding because these conditions were not achieved as of September 30, 2024. For the three and nine months ended September 30, 2023, contingently issuable shares of 925,558 were excluded from the computation of diluted weighted average common shares outstanding because these conditions were not achieved as of September 30, 2023. Below is a summary of the earnings per share computations:
Three months ended September 30, |  | 2024 |  |  | 2023 |
Earnings per share – basic |  | $ | 0.34 |  |  | $ | 0.47 |
Earnings per share – diluted |  | $ | 0.33 |  |  | $ | 0.47 |
Weighted average shares of common stock outstanding – basic |  |  | 47,686,841 |  |  |  | 46,547,502 |
Weighted average shares of common stock outstanding – diluted |  |  | 48,223,788 |  |  |  | 46,920,607 |
Nine months ended September 30, |  | 2024 |  |  | 2023 |
Earnings per share – basic |  | $ | 1.05 |  |  | $ | 1.04 |
Earnings per share – diluted |  | $ | 1.04 |  |  | $ | 1.03 |
Weighted average shares of common stock outstanding – basic |  |  | 47,521,368 |  |  |  | 46,527,350 |
Weighted average shares of common stock outstanding – diluted |  |  | 47,960,686 |  |  |  | 46,881,567 |
Below is a summary of the shares included in the diluted earnings per share computations:
Three months ended September 30, |  | 2024 |  |  | 2023 |
Weighted average shares of common stock outstanding – basic |  |  | 47,686,841 |  |  |  | 46,547,502 |
Stock options |  |  | 169,785 |  |  |  | 253,767 |
Restricted stock awards and units |  |  | 321,348 |  |  |  | 88,450 |
Contingently issuable shares |  |  | 45,814 |  |  |  | 30,888 |
Weighted average shares of common stock outstanding – diluted |  |  | 48,223,788 |  |  |  | 46,920,607 |
Nine months ended September 30, |  | 2024 |  |  | 2023 |
Weighted average shares of common stock outstanding – basic |  |  | 47,521,368 |  |  |  | 46,527,350 |
Stock options |  |  | 155,309 |  |  |  | 254,399 |
Restricted stock awards and units |  |  | 243,806 |  |  |  | 89,409 |
Contingently issuable shares |  |  | 40,203 |  |  |  | 10,409 |
Weighted average shares of common stock outstanding – diluted |  |  | 47,960,686 |  |  |  | 46,881,567 |

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