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EARNINGS (LOSS) PER SHARE | 12 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
EARNINGS (LOSS) PER SHARE | EARNINGS (LOSS) PER SHARE Basic earnings (loss) per share is calculated by dividing the net income (loss) for the period attributable to shareholders of the Company by the weighted average number of shares o utstanding during the period. Diluted earni ngs (loss) per s hare is calculated by dividing the net income (loss) for the period attributable to shareholders of the Company by the weighted average number of shares outstanding after adjusting for the impact of all share optio ns and RSUs with a dilutive effect. The Company uses the treasury stock method to calculate the dilutive effect of outstanding equity awards for diluted earnings (loss) per share. The followin g table presents basic and diluted earnings (loss) per share for each of the years ended December 31, 2024, December 31, 2023 and December 31, 2022:
| Year Ended
| December 31, 2024 |  | December 31, 2023 |  | December 31, 2022
| (U.S. Dollars and shares in thousands, except per share amounts)
Income from continuing operations | $ | 172,299 |  |  | $ | 177,527 |  |  | $ | 168,230 |
Less: Net income attributable to noncontrolling interests | (17,906) |  |  | (31,646) |  |  | (25,287) |
Income from continuing operations attributable to Dole plc | 154,393 |  |  | 145,881 |  |  | 142,943 |
Loss from discontinued operations, net of income taxes | (28,880) |  |  | (21,818) |  |  | (56,447) |
Net income attributable to Dole plc | $ | 125,513 |  |  | $ | 124,063 |  |  | $ | 86,496 |
Weighted average number of shares outstanding: |  |  |  |  |
Weighted average number of shares – basic | 94,967 |  |  | 94,917 |  |  | 94,886 |
Effect of share awards with a dilutive effect | 504 |  |  | 201 |  |  | 28 |
Weighted average number of shares – diluted | 95,471 |  |  | 95,118 |  |  | 94,914 |
Income (loss) per share: |  |  |  |  |
Basic: |  |  |  |  |
Continuing operations | $ | 1.63 |  |  | $ | 1.54 |  |  | $ | 1.51 |
Discontinued operations | (0.31) |  |  | (0.23) |  |  | (0.60) |
Net income per share attributable to Dole plc | $ | 1.32 |  |  | $ | 1.31 |  |  | $ | 0.91 |
Diluted: |  |  |  |  |
Continuing operations | $ | 1.62 |  |  | $ | 1.53 |  |  | $ | 1.51 |
Discontinued operations | (0.30) |  |  | (0.23) |  |  | (0.60) |
Net income per share attributable to Dole plc | $ | 1.32 |  |  | $ | 1.30 |  |  | $ | 0.91 |
The average market value of the Company’s shares used for the purpose of calculating the dilutive effect of share options and RSUs with a market condition is based on quoted market prices for the period during which the awards were outstanding during the year. The calculation of diluted earning s (loss) p er share for the years ended December 31, 2024, December 31, 2023 and December 31, 2022 does no t include the effect o f certain awards, because to do so would be antidilutive.

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