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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted EPS

The following table presents a reconciliation of the numerators and denominators used in the computation of basic and diluted EPS:

 

 

 

For the Three Months
Ended June 30,

 

 

For the Six Months
Ended June 30,

 

 

 

 

 

 

 

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator for basic calculation—Net income

 

 

 

 

 

 

 

 

 

 

 

 

Numerator for basic calculation—Net income
   attributable to P10

 

$

6,993

 

 

$

1,763

 

 

$

12,014

 

 

$

2,368

 

Adjustment for:

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to noncontrolling interests in P10 Intermediate

 

 

397

 

 

 

339

 

 

 

619

 

 

 

503

 

Numerator for earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Numerator for earnings per share assuming dilution

 

$

7,390

 

 

$

2,102

 

 

$

12,633

 

 

$

2,871

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic calculation—Weighted-
   average shares outstanding, basic attributable to P10

 

 

112,359

 

 

 

116,168

 

 

 

113,744

 

 

 

116,063

 

Weighted shares assumed upon exercise of partnership units

 

 

3,917

 

 

 

3,917

 

 

 

3,917

 

 

 

3,917

 

Weighted shares assumed upon exercise of stock
   options

 

 

3,822

 

 

 

3,789

 

 

 

3,808

 

 

 

3,938

 

Denominator for earnings per share assuming dilution

 

 

120,098

 

 

 

123,874

 

 

 

121,469

 

 

 

123,918

 

Earnings per Class A share—basic

 

$

0.06

 

 

$

0.02

 

 

$

0.11

 

 

$

0.02

 

Earnings per Class A share—diluted

 

$

0.06

 

 

$

0.02

 

 

$

0.10

 

 

$

0.02

 

Earnings per Class B share—basic

 

$

0.06

 

 

$

0.02

 

 

$

0.11

 

 

$

0.02

 

Earnings per Class B share—diluted

 

$

0.06

 

 

$

0.02

 

 

$

0.10

 

 

$

0.02

 

T