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Basic and Diluted Earnings (Loss) per Share
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Basic and Diluted Earnings (Loss) per Share
Note 22 — Basic and Diluted Earnings (Loss) per Share
Basic earnings or loss per share excludes common stock equivalents and is calculated by dividing net income or loss attributable to common stockholders by the weighted average number of shares of common stock outstanding during the year. We calculate diluted earnings or loss per share by dividing net income or loss attributable to common stockholders by the weighted average number of shares of common stock outstanding including the potential dilutive shares of common stock related to outstanding restricted stock awards, stock options and warrants as determined using the treasury stock method. For 2023, we have excluded the effect of all stock options, common stock awards, and warrants from the computation of diluted loss per share because of the anti-dilutive effect of our reported net loss.
Years Ended December 31,
202420232022
Basic earnings (loss) per share
Net income (loss) attributable to common stockholders
$33.4 $(63.7)$25.7 
Weighted average shares of common stock outstanding7,816,093 7,635,584 8,647,399 
Basic earnings (loss) per share$4.28 $(8.34)$2.97 
Diluted earnings (loss) per share
Net income (loss) attributable to common stockholders
$33.4 $(63.7)$25.7 
Weighted average shares of common stock outstanding
7,816,093 7,635,584 8,647,399 
Effect of dilutive elements
Common stock warrants83,260 — 158,542 
Stock option awards— — 18 
Common stock awards188,182 — 191,347 
Dilutive weighted average shares of common stock8,087,535 7,635,584 8,997,306 
Diluted earnings (loss) per share$4.13 $(8.34)$2.85 
Stock options and common stock awards excluded from the computation of diluted earnings (loss) per share
Anti-dilutive (1)87,879 66,710 222,602 
Market-based (2)64,085 58,397 62,867 
(1)Includes stock options and stock awards that are anti-dilutive based on the application of the treasury stock method.
(2)Shares that are issuable upon the achievement of certain market-based performance criteria related to Onity’s stock price.