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EARNINGS (LOSS) PER SHARE | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
EARNINGS (LOSS) PER SHARE | EARNINGS (LOSS) PER SHARE Basic earnings or loss per share is computed based on the weighted average number of shares of Class A and Class B common stock outstanding during the period using the two-class method. Diluted earnings or loss per share is computed based on the weighted average number of shares plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include RSUs for Class A common stock. The following table sets forth the components of basic and diluted earnings per share for the periods presented:
(in thousands, except per share amounts) |  | Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Net income (loss) attributable to Guild |  | $ | 37,583 |  |  | $ | 36,936 |  |  | $ | 66,081 |  |  | $ | (254) |
Weighted average shares outstanding—Class A Common Stock |  | 21,004 |  |  | 20,629 |  |  | 20,890 |  |  | 20,598 |
Weighted average shares outstanding—Class B Common Stock |  | 40,333 |  |  | 40,333 |  |  | 40,333 |  |  | 40,333 |
Weighted average shares outstanding—Basic |  | 61,337 |  |  | 60,962 |  |  | 61,223 |  |  | 60,931 |
Add: dilutive effects of unvested shares of restricted stock |  | 1,056 |  |  | 839 |  |  | 1,052 |  |  | — |
Weighted average shares outstanding—Diluted |  | 62,393 |  |  | 61,801 |  |  | 62,275 |  |  | 60,931 |
Earnings (loss) per share attributable to Class A and Class B Common Stock: |  |
Basic |  | $ | 0.61 |  |  | $ | 0.61 |  |  | $ | 1.08 |  |  | $ | — |
Diluted |  | $ | 0.60 |  |  | $ | 0.60 |  |  | $ | 1.06 |  |  | $ | — |
No shares of Class A common stock were excluded from the calculation of earnings per share as a result of being anti-dilutive for the three and six months ended June 30, 2024 and for the three months ended June 30, 2023. Approximately 786,000 potential shares of Class A common stock related to unvested RSUs were excluded from the calculation of diluted loss per share for the six months ended June 30, 2023 because they were anti-dilutive due to the net loss.

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