XML 72 R51.htm IDEA: XBRL DOCUMENT v3.25.4
Earnings Per Share (“EPS”) (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Income (Loss) and Computation of Earnings per Share
The following table provides a reconciliation of income (loss) from continuing operations to net income (loss) for the years ended December 31, 2025, 2024, and 2023 (in thousands):
202520242023
Income (loss) from continuing operations$64,585 $64,003 $40,810 
Distributions and allocations to participating securities— (23)(106)
Income (loss) from continuing operations available to A&B shareholders64,585 63,980 40,704 
Income (loss) from discontinued operations available to A&B shareholders89 (3,466)(7,847)
Exclude: Loss (income) attributable to discontinued noncontrolling interest— — (3,151)
Net income (loss) available to A&B common shareholders$64,674 $60,514 $29,706 
The number of shares used to compute basic and diluted earnings per share for the years ended December 31, 2025, 2024, and 2023:
202520242023
Denominator for basic EPS - weighted average shares outstanding72,717 72,606 72,559 
Effect of dilutive securities:
Restricted stock unit awards330 146 217 
Denominator for diluted EPS - weighted average shares outstanding73,047 72,752 72,776 
Schedule of Antidilutive Securities Outstanding
The number of anti-dilutive securities, excluded from the calculation of diluted earnings per common share, during the years ended December 31, 2025, 2024, and 2023 (in thousands):
202520242023
Number of anti-dilutive securities83 73