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Earnings Per Share | 9 Months Ended
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Sep. 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 September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
EPS - basic |  |  |  |  |  |  |
Net income (loss) attributable to Green Plains | $ | 48,200 |  |  | $ | 22,311 |  |  | $ | (27,562) |  |  | $ | (100,617) |
Weighted average shares outstanding - basic | 63,946 |  |  | 58,910 |  |  | 63,741 |  |  | 58,780 |
EPS - basic | $ | 0.75 |  |  | $ | 0.38 |  |  | $ | (0.43) |  |  | $ | (1.71) |
EPS - diluted |  |  |  |  |  |  |
Net income (loss) attributable to Green Plains | $ | 48,200 |  |  | $ | 22,311 |  |  | $ | (27,562) |  |  | $ | (100,617) |
Interest and amortization on 2.25% convertible notes due 2027, net of tax effect | 1,209 |  |  | 1,201 |  |  | — |  |  | — |
Net income (loss) attributable to Green Plains - diluted | $ | 49,409 |  |  | $ | 23,512 |  |  | $ | (27,562) |  |  | $ | (100,617) |
Weighted average shares outstanding - basic | 63,946 |  |  | 58,910 |  |  | 63,741 |  |  | 58,780 |
Effect of dilutive 2.25% convertible notes due 2027 | 7,273 |  |  | 7,273 |  |  | — |  |  | — |
Effect of dilutive warrants | — |  |  | 837 |  |  | — |  |  | — |
Effect of dilutive stock-based compensation awards | 441 |  |  | 382 |  |  | — |  |  | — |
Weighted average shares outstanding - diluted | 71,660 |  |  | 67,402 |  |  | 63,741 |  |  | 58,780 |
EPS - diluted | $ | 0.69 |  |  | $ | 0.35 |  |  | $ | (0.43) |  |  | $ | (1.71) |
Anti-dilutive weighted-average convertible debt, warrants and stock-based compensation (1) | — |  |  | — |  |  | 7,687 |  |  | 8,516 |
(1)For the nine months ended September 30, 2024, and 2023, respectively, the effects related to the company's 2.25% convertible notes due in 2027, warrants and certain stock-based compensation awards were excluded from diluted EPS as the inclusion of these shares would have been anti-dilutive.

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- 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
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