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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
11. EARNINGS PER SHARE
The following table details the components of EPS.
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
(In thousands, except per-share amounts)
Numerator for basic and diluted EPS:
Net income (loss)
$(197,541)$3,874 $(88,392)$(23,829)
Less: Net income attributable to Subsidiary Series A Preferred Units
(4,007)(3,623)(11,643)(8,865)
Net income (loss) attributable to Summit Midstream Corporation
$(201,548)$251 $(100,035)$(32,694)
Less: Net income attributable to Series A Preferred Stock
$(3,393)$(3,004)$(9,926)$(8,442)
Net income (loss) attributable to common equity holders
$(204,941)$(2,753)$(109,961)$(41,136)
Denominator for basic and diluted EPS:
Weighted-average number of shares outstanding – basic
10,649 10,376 10,583 10,320 
Effect of nonvested phantom shares
— — — — 
Weighted-average number of shares outstanding – diluted
10,649 10,376 10,583 10,320 
Net income (loss) per share:
Common stock – basic
$(19.25)$(0.27)$(10.39)$(3.99)
Common stock – diluted
$(19.25)$(0.27)$(10.39)$(3.99)
Nonvested anti-dilutive restricted stock shares excluded from the calculation of diluted EPS
— 160 13 221