XML 56 R24.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Net Loss Per Share | 12 Months Ended
--- | ---
Dec. 31, 2024
Earnings Per Share [Abstract] |
Net Loss Per Share | 19. Net Income Per Share
| Year Ended December 31,
| 2024 $ |  | 2023 $ |  | 2022 $
Net income attributable to the shareholders of Teekay: |  |  |  |  |
- Continuing operations - basic and diluted | 133,770 |  | 150,641 |  | 36,755
- Discontinued operations - basic and diluted | — |  | — |  | 41,652
| 133,770 |  | 150,641 |  | 78,407
Increase in net earnings for interest expense recognized during the period relating to Convertible notes | — |  | — |  | 1,675
Reduction in net earnings due to dilutive impact of equity-based awards in Teekay Tankers | (1,031) |  | (1,754) |  | (743)
Accretion add back due to if-converted method adoption | — |  | — |  | 143
Net income attributable to the shareholders of Teekay - Diluted | 132,739 |  | 148,887 |  | 79,482
Weighted average number of common shares (1) | 91,285,538 |  | 94,484,659 |  | 102,119,129
Dilutive effect of Convertible Notes | — |  | — |  | 1,810,599
Dilutive effect of equity-based awards | 1,989,493 |  | 2,160,310 |  | 485,869
Common stock and common stock equivalents | 93,275,031 |  | 96,644,969 |  | 104,415,597
Net income per common share |  |  |  |  |
- Continuing operations - basic | 1.47 |  | 1.59 |  | 0.36
- Discontinued operations - basic | — |  | — |  | 0.41
- Basic | 1.47 |  | 1.59 |  | 0.77
- Continuing operations - diluted | 1.42 |  | 1.54 |  | 0.35
- Discontinued operations - diluted | — |  | — |  | 0.40
- Diluted | 1.42 |  | 1.54 |  | 0.76
(1) The calculation of the weighted average number of common shares included 1.0 million, 0.8 million, and 0.8 million deferred common shares related to non-forfeitable equity-based awards for the years ended December 31, 2024, 2023 and 2022, respectively. Equity-based awards that have an anti-dilutive effect on the calculation of diluted income per common share from continuing operations are excluded from diluted income per common share, including diluted income per common share from continuing operations and discontinued operations. For the years ended December 31, 2024, 2023 and 2022, 2.0 million, 2.3 million and 5.1 million shares, respectively, of common shares from equity-based awards were excluded from the computation of diluted earnings per common share for these periods, as including them would have had an anti-dilutive impact.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration