XML 29 R17.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Earnings Per Share
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share EARNINGS PER SHARE
Basic earnings per share, or EPS, is calculated by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period.
The company computes diluted EPS by dividing net income on an if-converted basis, adjusted to add back net interest expense related to the convertible debt instruments, by the weighted average number of common shares outstanding during the period, adjusted to include the shares that would be issued if the convertible debt instruments were converted to common shares and the effect of any outstanding dilutive securities.
The basic and diluted EPS are calculated as follows (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
EPS - basic and diluted
Net loss attributable to Green Plains$(24,350)$(52,604)$(75,762)$(122,928)
Weighted average shares outstanding - basic and diluted63,933 58,874 63,637 58,714 
EPS - basic and diluted$(0.38)$(0.89)$(1.19)$(2.09)
Anti-dilutive weighted-average convertible debt, warrants and stock-based compensation (1)
7,713 8,459 7,674 8,528 
(1)The effect related to the company’s convertible debt, warrants and certain stock-based compensation awards has been excluded from diluted EPS for the periods presented as the inclusion of these shares would have been antidilutive.