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Earnings per share | 3 Months Ended
--- | ---
Mar. 30, 2024
Earnings Per Share [Abstract] |
Earnings per share | Earnings per share The following table sets forth the computation of basic and diluted loss per share of Class A common stock for the periods presented (amounts in thousands, except share and per share data):
| Three Months Ended
| March 30, 2024 |  | April 1, 2023
Numerator: |  |  |
Net loss from continuing operations, net of tax | $ | (5,982) |  |  | $ | (100,018) |
Net loss attributable to noncontrolling interests — continuing operations | 1,412 |  |  | 20,360 |
Net loss attributable to Bioventus Inc. Class A common stockholders — continuing operations | $ | (4,570) |  |  | $ | (79,658) |
Numerator: |  |  |
Net loss from discontinued operations, net of tax | $ | — |  |  | $ | (74,429) |
Net loss attributable to noncontrolling interests — discontinued operations | — |  |  | 14,937 |
Net loss attributable to Bioventus Inc. Class A common stockholders — discontinued operations | $ | — |  |  | $ | (59,492) |
Denominator: |  |  |
Weighted-average shares of Class A common stock outstanding - basic and diluted | 63,380,187 |  |  | 62,124,752 |
Net loss per share of Class A common stock from continuing operations, basic and diluted | $ | (0.07) |  |  | $ | (1.28) |
Net loss per share of Class A common stock from discontinued operations, basic and diluted | — |  |  | (0.96) |
Net loss per share of Class A common stock, basic and diluted | $ | (0.07) |  |  | $ | (2.24) |
Shares of Class B common stock do not share in the losses of the Company and are therefore not participating securities. As such, separate presentation of basic and diluted losses per share of Class B common stock under the two-class method has not been presented. The following number of weighted-average potentially dilutive shares as of March 30, 2024 and April 1, 2023 were excluded from the calculation of diluted loss per share because the effect of including such potentially dilutive shares would have been antidilutive upon conversion:
| Three Months Ended
| March 30, 2024 |  | April 1, 2023
LLC Interests held by Continuing LLC Owner(a) | 15,786,737 |  |  | 15,786,737 |
Stock options | 734,278 |  |  | 8,517,045 |
RSUs | 1,479,188 |  |  | 1,070,105 |
Total | 18,000,203 |  |  | 25,373,887 |
(a)Class A Shares reserved for future issuance upon redemption or exchange of LLC Interests by the Continuing LLC Owner.

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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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