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BASIC AND DILUTED EARNINGS PER SHARE | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
BASIC AND DILUTED EARNINGS PER SHARE | BASIC AND DILUTED EARNINGS PER SHARE Basic and diluted earnings per share (“EPS”) is calculated with reference to the weighted average number of common shares outstanding during the year. The Company's earnings per share on the weighted average number of shares outstanding was as follows:
| Six Months Ended June 30, |
(in thousands of $, except number of shares and per share data) | 2025 |  | 2024 |
Net income attributable to Owners of Cool Company Ltd. | 20,930 |  |  | 62,641 |  |
Weighted average number of shares outstanding | 53,447,384 |  |  | 53,702,846 |  |
Dilutive potential common shares(1) | 70,205 |  |  | — |  |
Weighted average number of shares, adjusted for dilution | 53,517,589 |  |  | 53,702,846 |  |
Basic and diluted earnings per share | $0.39 |  |  | $1.17 |  |
(1) The effects of share options were excluded from the calculation of diluted EPS for the six months ended June 30, 2025 (2024: share options and restricted stock units were excluded), because the effect was anti-dilutive.

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