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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Summary of Weighted Average Shares for Basic and Diluted Earnings Per Common Share

The calculation of weighted average shares for the basic and diluted (loss) earnings per common share is as follows (in thousands, except per share data):

 

 

For the Years Ended December 31,

 

 

2024

 

 

2023

 

 

2022

 

Net Loss from Continuing Operations of ZimVie Inc.

 

$

(33,830

)

 

$

(56,049

)

 

$

(46,904

)

Income (loss) from discontinued operations

 

 

8,005

 

 

 

(337,233

)

 

 

(16,977

)

Net Loss of ZimVie Inc.

 

$

(25,825

)

 

$

(393,282

)

 

$

(63,881

)

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding for basic net loss per share

 

 

27,431

 

 

 

26,454

 

 

 

26,083

 

Effect of dilutive stock options and other equity awards (1)

 

 

—

 

 

 

—

 

 

 

—

 

Weighted average shares outstanding for dilutive net loss per share

 

 

27,431

 

 

 

26,454

 

 

 

26,083

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (Loss) Earnings Per Common Share:

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(1.23

)

 

$

(2.12

)

 

$

(1.80

)

Discontinued operations

 

 

0.29

 

 

 

(12.75

)

 

 

(0.65

)

Net Loss

 

$

(0.94

)

 

$

(14.87

)

 

$

(2.45

)

 

 

 

 

 

 

 

 

 

 

Diluted (Loss) Earnings Per Common Share

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(1.23

)

 

$

(2.12

)

 

$

(1.80

)

Discontinued operations

 

 

0.29

 

 

 

(12.75

)

 

 

(0.65

)

Net Loss

 

$

(0.94

)

 

$

(14.87

)

 

$

(2.45

)

 

(1)
Since we incurred a net loss from continuing operations in each of the years ended December 31, 2024, 2023 and 2022, no dilutive stock options or other equity awards were included as diluted shares in those periods.