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Earnings per share (Tables)

9 Months Ended

Sep. 28, 2024

Earnings Per Share [Abstract]

Schedule of 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												Nine Months Ended
			September 28, 2024						September 30, 2023						September 28, 2024						September 30, 2023
Numerator:
Net loss from continuing operations, net of tax			$	(5,421)					$	(8,791)					$	(43,515)					$	(113,540)
Net loss attributable to noncontrolling interests,     continuing operations			597						1,488						10,129						22,898
Net loss attributable to Bioventus Inc. Class A     common stockholders, continuing operations			$	(4,824)					$	(7,303)					$	(33,386)					$	(90,642)
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			65,258,427						62,824,318						64,234,922						62,494,686
Net loss per share of Class A common stock from     continuing operations, basic and diluted			$	(0.07)					$	(0.12)					$	(0.52)					$	(1.45)
Net loss per share of Class A common stock from     discontinued operations, basic and diluted			—						—						—						(0.95)
Net loss per share of Class A common stock,     basic and diluted			$	(0.07)					$	(0.12)					$	(0.52)					$	(2.40)

Schedule of Antidilutive Securities

The following number of weighted-average potentially dilutive shares as of September 28, 2024 and September 30, 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												Nine Months Ended
			September 28, 2024						September 30, 2023						September 28, 2024						September 30, 2023
LLC Interests held by Continuing LLC Owner(a)			15,786,737						15,786,737						15,786,737						15,786,737
Stock options			1,164,448						4,540,415						755,598						6,620,251
RSUs			2,068,915						448,715						2,068,023						928,817
Total			19,020,100						20,775,867						18,610,358						23,335,805

(a)Class A Shares reserved for future issuance upon redemption or exchange of LLC Interests by the Continuing LLC Owner.

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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