XML 28 R12.htm IDEA: XBRL DOCUMENT v3.25.0.1
EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
The following table reflects the calculation of basic and diluted earnings per share. During each period, certain share-based awards, as noted below, were excluded from the calculation of diluted earnings per share because their effect would have been antidilutive.

(in thousands, except per share amounts)202420232022
Earnings per share – basic:  
Net income$52,945 $26,227 $65,530 
Net income attributable to non-controlling interest(143)(107)(135)
Net income attributable to Deluxe52,802 26,120 65,395 
Income allocated to participating securities(18)(38)(47)
Income attributable to Deluxe available to common shareholders$52,784 $26,082 $65,348 
Weighted-average shares outstanding44,154 43,553 43,025 
Earnings per share – basic$1.20 $0.60 $1.52 
Earnings per share – diluted:  
Net income$52,945 $26,227 $65,530 
Net income attributable to non-controlling interest(143)(107)(135)
Net income attributable to Deluxe52,802 26,120 65,395 
Income allocated to participating securities(15)(38)(35)
Remeasurement of share-based awards classified as liabilities(45)— (497)
Income attributable to Deluxe available to common shareholders$52,742 $26,082 $64,863 
Weighted-average shares outstanding44,154 43,553 43,025 
Dilutive impact of potential common shares573 290 285 
Weighted-average shares and potential common shares outstanding
44,727 43,843 43,310 
Earnings per share – diluted$1.18 $0.59 $1.50 
Antidilutive potential common shares excluded from calculation1,242 1,380 1,732